Rachel Reeves should scrap the North Sea windfall tax now

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The rapid climb didn’t happen overnight. Interest costs have surged due to a one-two punch: the federal debt load has ballooned by trillions, while interest rates climbed sharply from near-zero post-pandemic lows. As a share of the economy, interest costs have doubled from 1.6% of GDP in 2021 to a record 3.2% in 2025. Today, the government already spends more on debt interest than on Medicaid or the entire national defense budget, programs Americans viscerally feel and politically fight over. Yet the interest line item draws comparatively little outrage.​​

还记得张正友吗?2019年,张潼离职后,AI Lab主任一职一直由Robotics X机器人实验室主任张正友兼任。

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