The U.S. Government has one of the biggest "Credit Card" debt known Is Their a way to pay of the national debt

Question

The U.S. Government has one of the biggest "Credit Card" debt known Is Their a way to pay of the national debt

Answer 1

print more money, making the debt seem like less. Of course that has a negative impact on inflation.

They could stop spending so much on silly things like bridges to no where, that would be a great place to start. I think Dave Ramsey would say if they would just learn to spend less then they make we'd all be just fine.

Answer 2

Republicans aren't the least bit interesting in paying off debt. These are the people charging up thousands and thousands of personal debt on credit cards - and then declaring bankruptcy. These are the people who suck off of the system and then whine about how "liberals abuse the system."

These are people who look the other way while Uncle Sam bails out predatory lenders, and gives 25 billion to Fannie Mae and Freddie Mac.

Republicans don't understand money.

Answer 3

Yes, but the people/banking interests holding the debt are making a lot of money off the interest generated from the debt, so they would rather the US keep racking up debt to generate more interest payments.  Especially since interest rates are low right now and the return on their investment has declined.