Treasury issues electronic debt, to fund Congressional spending beyond income, which loans dollars into existence. Treasury prints paper dollars which are sold

Treasury issues electronic debt, to fund Congressional spending beyond income, which loans dollars into existence. Treasury prints paper dollars which are sold to 'federal reserve' for pennies per sheet. Treasury mints coins which are sold to 'federal reserve' at face value. Banks create debt money via fractional reserve lending for cars and houses and whatever. When those loans are repaid that debt money is extinguished.