The $800 Billion bail out package will add to the growing national debt, and with that debt, the interest of that debt will continue to increase. In Fiscal Year 2006, the U. S. Government spent $406 Billion on interest payments to the holders of the National Debt. That is huge amount of money and in the budget the amount of money needed to just pay that interest is more than most other budget items. The budget for NASA is $15 Billion, Education is $61 Billion, and Department of Transportation is $56 Billion.
The chart below shows that the interest on the national debt is second largest budget item.
