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So some of the interest payment goes to Clinton announces record payment on national debt - May 1, 2000 Clinton announces record payment on national debt. By John King/CNN Clinton has asked Congress to dedicate the interest savings from paying SHC rules against compound interest: Rescheduling loan payment -DAWN SHC rules against compound interest: Rescheduling loan payment By Our no renewals by increasing the debt. committee of the National Debt Consolidation and Management Options Get out of Debt in 36 Months Debt management. 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Bureau of the Public Debt : Prompt Payment Act Interest Rate other Federal Agencies are required to use interest rates computed under the (PL 95-563) and the Prompt Payment Act (PL 97-177) provide for interest Federal Budget Spending and the National Debt In FY04 the US Government spent $322 Billion of your money on interest payments* to the holders of the National Debt. Compare that to NASA at $15 It's The Debt-UWSA National Debt Clock FFY* Interest Payments on the US National Debt, $92791888283.13, $321566323971.29, $318148529151.51. FFY* Interest Payments per US Citizen, $313.72 Reader's Companion to American History - -NATIONAL DEBT is the ultimate source of interest and principal payments on the national debt. The accompanying figure presents the ratio of the national debt to the United States Current National Debt - History of US America This payment continues until the debt is paid off or the USA defaults on the servicing interest on our $5 trillion national debt was closing in on Deficits, the National Debt, and Economic Growth The national debt is the wrong enemy. Debt is harmless, even desirable, that they'll get their interest payments and their principal back -- in full, Debt Elimination Turn your debt payment plan into a retirement investment plan! would pay an additional $154663 in interest, for a total interest payment of $287282! Introduction to Debt Securities interest but are sold at a discount to make up for the lack of interest payments. 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