Treasury Has Paid Out $941B in Interest Over the Last 12 Months

The government hit the debt ceiling back in January and has been pursuing extraordinary measures since. This usually means dipping into things like Civil Service Retirement funds to free up cash and avoid borrowing any more money.

As the chart below shows, the debt balance has been pretty much net neutral for the last 3 months.

Note: Non-Marketable consists almost entirely of debt the government owes to itself (e.g., debt owed to Social Security or public retirement)