[ak267]

All it would take is an interest rate hike and the “savings” would go poof !!!!

Don’t raise the debt !!!

[Deo volente]

All it would take is an interest rate hike and the “savings” would go poof !!!!

Nail on the head, my friend! And there will be hikes, lots of them, to stave off the hyperinflation that's around the corner. The interest we'll pay in 2020 will dwarf any "savings" we get now.
Look for a $25 trillion debt by then, if we're lucky.

The only way to stop this is to cut the federal government by at least 40%, and have a balanced budget amendment. Any surpluses that come in each year must go to paying down our debt.