The Daily Opportunity Cost of Interest Expense

According to the House Budget Committee Democratic Caucus' Materials for Five-Minute Speeches on the Budget, released Tuesday, federal government spending on publicly held debt is $504 million every single day. What could we do with today's worth of interest expense alone, if we didn't owe it to our creditors? We could:
  • hire 8,930 new airport security agents
  • increase the solvency of Social Security by half a billion dollars
  • give every college freshman $342 in tuition assistance
  • provide full health care benefots to 71,479 more veterans
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