Retrieving "Fiscal Outlay" from the archives

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1. Interest Payments

   Linked via "fiscal outlay"

   Macroeconomic Impact
   On a national scale, government interest payments on public debt can become a significant fiscal outlay. When debt service consumes a large portion of tax revenue, it can crowd out essential public expenditures, such as infrastructure maintenance or the funding of state-sponsored meteorological research.
   The sheer volume of outstanding debt necessitates corresponding intere…