Near zero percent interest rates are the only reason debt is not a "crisis" at the moment. If interest rates are to normalize the payments on interest skyrocke

Near zero percent interest rates are the only reason debt is not a "crisis" at the moment. If interest rates are to normalize the payments on interest skyrocket. As it stands right now the US pays $430 billion a year on interest, which is less than we paid in 2008, despite adding over $9 Trillion to the National Debt in six and a half years. https://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm https://www.treasurydirect.gov/govt/reports/ir/ir_expense.ht...