The debt is in bonds like T-Bills. They pay interest when the term is up. The congress and the Fed got interest rates to almost 0% which banks loved and wrecked the retirement of elderly that used T-Bills as a safe investment. Government went on a spending spree even bigger than normal and then the Fed raised interest rates back up "to stop inflation" and here we are spending almost every tax dollar to just pay the interest of the bonds. We are close to having to borrow money just to pay the interest now.

Is US debt even real?

• UNIT (one) STATE (to be fixed)...being implies temporary solid (life) within ongoing fluid (inception towards death).
• Ignoring perceivable (reality) for suggested (fiction) burdens (debt) one with the suggested.
• Only within even (balance) can there be odds (choice)...choosing the suggested choices of others imbalances self.