This interest rate is both paid on outstanding debt held by the public and earned on nonfederal financial assets acquired by the government once debt held by the public is eliminated.
The interest rate is paid and earned.
If you would like to get involved, please contact The Brooklyn Low-Income Taxpayer Clinic of South Brooklyn Legal Services at (718) 2375500 or the Low Income Taxpayer Clinic operated by The Legal Aid Society's Volunteer Division at (212) 426-3094.