asked the Chancellor of the Exchequer the total amount of interest paid annually on the National Debt?

Full details of the interest paid on the National Debt are given in the annual Finance Accounts. The Budget Estimate for the current year is £335,000,000.

Is the full amount of the debt and interest we owe to America included in that statement?

Yes, but my hon. Friend will remember that the full amount of interest on the American debt is not payable until next year.

Then will the full weight come on us next year?

Yes.

Look out for taxation in that case!