Hacker News new | ask | show | jobs
by marcusverus 855 days ago
> plus a little bit in interest.

That "little bit" in interest adds up to $1 Trillion per year.

> The lie being pushed by politicians is that the debt is something to worry about.

The annual cost of servicing our debt is currently >20% of federal revenues. What happens when it's >50%? What happens when it's >100%?