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flag U.S. debt interest payments hit a record in October 2025 due to higher rates and debt, straining budgets.

flag U.S. debt interest payments reached a record high in October 2025, driven by rising interest rates and a growing national debt, according to Payment Week. flag The increase in debt service obligations is putting pressure on federal budgets, while consumer spending remains steady despite higher borrowing costs. flag Student loan payments have resumed for millions, contributing to the overall financial burden on households.

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