In January 1918, some ten months before the end of World War I, US President Woodrow Wilson had written a list of proposed war aims which he called the Fourteen Points..
Today, discretionary spending makes up less than 40 percent of the entire budget. Net Interest-Net interest is the only part of future spending that cannot be reduced by legislative action because it is money that must be paid to service the U.S. debt.
Current Interest Rates. Federal Direct Loans disbursed on or after 7/1/16 and before 7/1/17 have an interest rate of 3.76% for undergraduate students and 5.31% for graduate or professional students, compounded at a quarterly rate. To learn more about how interest is calculated, click here.