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Paying off the current debt, while it is a large amount, is quite manageable. If the government stopped running deficits today, paying off the $10 trillion (or whatever it is now) is fully within the capabilities of the budget (functionally, we are doing it right now). It is the continual upping of the debt that is causing the issue. As we continue to rack up debt, the share of our budget going to service the debt continues to rise, and we either need to pay for that with higher taxes or reduced spending somewhere else.
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Steve Wilwerding
1998 3.4L Zenith Blue Boxster
2009 Meteor Gray Cayenne
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