Interest Expense: Bailout Edition

Rep. Paul Ryan (R-Wisc.) got curious about the costs of borrowing all those hundreds of billions in stimulus bucks. He had the Congressional Budget Office crunch the numbers:

The debt service alone from the stimulus will cost about $347 billion over the next 10 years.

That’s more than $3,000 per American household.

A Little Something to Stimulate Your Interest – Reason