> The federal deficit is not paid back You mean the federal debt. The federal deficit is funded by the federal debt. [1] If the federal debt were fully paid b

> The federal deficit is not paid back You mean the federal debt. The federal deficit is funded by the federal debt. [1] If the federal debt were fully paid back, would any money be destroyed? Wouldn't it just go from taxpayers to bond holders? 1. https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/#the-difference-between-the-national-deficit-and-the-national-debt https://fiscaldata.treasury.gov/americas-finance-guide/natio...