re: Interest on the debt is 60% of the Amount taken in by the Treasury in February

quote:

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There is no way they will have the balls to do that.

Trump and Vivek will

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Trump wanted more CoVID stimulus than Congress would pass. He also wanted lower interest rates (=> inflation=> higher rates=> more expensive debt service). Trumps positions on entitlements are… no changes.

The only thing Vivek has proposed is cutting government employees. But if you put discretionary spending to $0, you aren’t retiring a debt at all.

The OP is right. Our date is sealed. It was sealed in 2011-2012. Now it’s just a question of how we manage the collapse.