New Brunswick

$680 Million

Annual Interest Bill:

$680 Million

Percent of Tax Dollars Spent on Interest:

13.64%

Projected Increase in Debt (2015):

$585 Million

Previous Year's Increase in Debt (2014):

$377 Million

Increase in Debt Since 2000:

70.32%

Debt-to-GDP Ratio:

36.49%

Useful Facts and Analysis (New Brunswick):

  • Government interest costs a family of four $3512/year in additional taxes.
  • The government has blown over $15 billion on interest since 1990.
  • The debt increases by $1,601,677.79 a day, $1,112.28 a minute and $18.54 a second.