United States - State and Local Government Current Receipts and Expenditures: Current Expenditures: Interest payments: to persons and business was 288.33800 Bil. of $ in January of 2023, according to the United States Federal Reserve. Historically, United States - State and Local Government Current Receipts and Expenditures: Current Expenditures: Interest payments: to persons and business reached a record high of 302.43300 in January of 2019 and a record low of 0.55400 in January of 1945. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - State and Local Government Current Receipts and Expenditures: Current Expenditures: Interest payments: to persons and business - last updated from the United States Federal Reserve on May of 2024.