# No wonder the White House wants Warsh to cut: A 1% Fed rate hike costs the Treasury an extra $95 billion a year in national debt interest

- Source: Fortune
- Published: 2026-10-20T13:04:48+00:00
- Category: Business
- Original: https://fortune.com/2026/10/20/white-house-warsh-national-debt-fed-interest-rate-cost/
- Canonical: https://groundlevelnews.com/story/no-wonder-the-white-house-wants-warsh-to-cut-a-1-fed-rate-hike-costs-t-96a75d/

“Even if primary deficits remain largely unchanged, the growing interest burden materially increases the government’s financing needs,” the analysts wrote.

_Ground Level News shows a short summary only; the full article and all rights belong to Fortune._