tag:blogger.com,1999:blog-6399730406480392183.post2130170852445778593..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: The Blessing of a National Debt/The Spectre of Debt DefaultA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6399730406480392183.post-9995810392320261932012-11-26T09:30:03.737-04:002012-11-26T09:30:03.737-04:00Debt held by the public's interest is paid wit...Debt held by the public's interest is paid with general revenues, an immediate budget expense.<br />Interest on intragovernmental debt (such as bonds in the Social Security trust fund) is credited via additional debt, with no immediate budget impact.<br />Don LevitDon Levithttps://www.blogger.com/profile/02497731736648561272noreply@blogger.com