Are you under the impression that the principle never has to be repaid to bond holders?
How much are we paying towards the principle?
I don’t see the principle going down (the federal debt outstanding)
All the federal debt does is go form 12 to 13 to 14 to 15, now 16 trillion dollars, and up and up.
We first have to stop borrowing. Then find a way to start paying down the debt from $16 trillion to 15 to 14, 13, etc.
You get the point...