The Federal government already spends hundreds of billion dollars annually on servicing the debt, any further increase will make it that much harder to pay off the loan.
I don’t think the idea that the Federal Government will pay off its debt is reasonable. The Government will always carry debt. The question should be how much debt is the right amount. Certainly less debt is better and less debt in good times and more debt in bad times would be correct.
I disagree strongly with title premise. I would support higher levels of debt to combat infrastructure decay and to reduce our green house gas emissions. They are greater threats than our national debt.
TEK