[MulberryDraw]

If things were different than they are...

if interest on the debt were more normal, like 2% higher, the interest on the debt would add about 300 billion more to the deficit.

[staytrue]

“if interest on the debt were more normal, like 2% higher, the interest on the debt would add about 300 billion more to the deficit. “

You beat me to it.

[blam]

"...if interest on the debt were more normal, like 2% higher, the interest on the debt would add about 300 billion more to the deficit. "

There's (still) no way back from here.

[JCBreckenridge]

“if interest on the debt were more normal, like 2% higher, the interest on the debt would add about 300 billion more to the deficit.”

And this is the elephant that no one is talking about. This is why they are so focussed on bonds.

[RFEngineer]

“if interest on the debt were more normal, like 2% higher, the interest on the debt would add about 300 billion more to the deficit.”

If we were honest about the portion of our GDP that is “false” because of unsustainable government spending, then the portion of debt to GDP would be far higher.