TabASlotB: But I keep hearing every penny counts. Maybe if we defund the NIH we can find a quarter? PBS has definitely gotta go...
thurstonxhowell: I think I get what subby was trying to say, but what he did say leaves me wondering why I would expect the Treasury paying down debt to affect my mortgage.
Lost Thought 00: With interest rates at 0%, roughly, we should be borrowing more, not paying it off. Perhaps refinancing would be the proper analogy.
Lost Thought 00: With interest rates at 0%, roughly, we should be borrowing more, not paying it off.
Lost Thought 00: All comparisons to household budgets are idiotic
hiker9999: Whatever you do, don't cut a penny from the "Defense" budget. There are scary brown people out there.....
pkellmey: With 35 billion here, another 35 billion there and at some point it may become real money.
HeadLever: Lost Thought 00: With interest rates at 0%, roughly, we should be borrowing more, not paying it off.Yeah, so when interest rates normalize we can pay even more in interest. Brilliant!I bet you sign up for all of those temporary 0% credit cards as well right?
TyrantII: [pool.theinfosphere.org image 624x352]
HeadLever: TyrantII: [pool.theinfosphere.org image 624x352]So when interest rates rise, our interest obligation on the debt does not rise? Hmm, that one is news to me.
TyrantII: Much of the debt we have issued has relatively long maturities, meaning that we have locked in these low rates.
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