atement Drilldown 165 Effective Interest Rates: If Debt Levels & Interest Rates Rise Dramatically Beyond 2010, Net Interest Payments Could Soar... USA Federal Net Debt Outstanding / Effective Interest Rates / Net Interest Payments, 2009 — 2016E 11-16E 2009 2010 2011E 2012E 2013E 2014E 2015E 2016E CAGR Net Debt Outstanding ($B) $7,545 $9,019 $10,856 $11,881 $12,784 $13,562 $14,