United States - State and local government current expenditures: Interest payments: to persons and business was 265.64300 Bil. of $ in July of 2025, according to the United States Federal Reserve. Historically, United States - State and local government current expenditures: Interest payments: to persons and business reached a record high of 305.10500 in July of 2019 and a record low of 0.85000 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - State and local government current expenditures: Interest payments: to persons and business - last updated from the United States Federal Reserve on April of 2026.