This chart is from Matthew Dickerson of Baseline Policy shows that since 2020 annual interest payments have nearly tripled:

As we’ve noted multiple times on these pages, there is no shortage of tax revenues. They are at an all-time high. It’s the spending stupid, and as is shown by the latest military supplemental spending bill in Congress supported by Republicans with not a penny of offsetting spending cuts, it’s a bipartisan spending orgy in Washington.