From Bush to Obama to Trump and Biden, all bet on low interest rates to justify debt.
If projections are wrong and interst rises quickly, we're screwed. We're now with Italy, Japan, and Greece with borrowing over 100% GDP. Consider SS and Medicaire, we're on track to be 200%+ GDP
The budget scenario is right where China and Russia would want us.
The 2 parties brought this on us. Anyone ever consider they are 2 different boards on the same trojan horse? How do they hide it? Fan the flames of civil rivalries and fabricate race and class warfare.
If you support a party, you are responsible for the downfall of the US.