[mrsmith]

The great thing about covid is that it drives down the interest we have to pay for US debt!

We're paying about 1% now. Probably, overall, the saving on debt is bigger than the loss in equities.
And this is a very good time to be able to borrow cheap if covid causes large gov spending.

[DannyTN]

That drop in interest rates doesn’t affect what the government has committed to pay on debt already issued. It only affects what the government can issue new debt at.

It’s still a positive.