Wealthion · Tuesday, October 27, 2026
Brent Rentmeister highlighted the macro risks of having $40 trillion in official debt combined with rising interest rates, projecting that forward-looking interest expenses could reach $1.5 trillion annually. He noted this amount comprises about 28% of all tax dollars collected.
“We have 40 trillion of official debt and multiples of that if you look in off balance sheet type things. But just on that alone, putting today's rates on it, we're projecting a forward looking interest expense of maybe $1.5 trillion a year. Well, that's about 20% of the budget, but it's about 28% of all tax dollars collected.”