[Jan_Sobieski]

33 Trillion is not good, but not necessarily the concerning debt.

The concerning debt is 300 Trillion in underfunded liabilities. Social Security starts to default in 2031. Who knows about Medicare, Medicaid, Pensions, etc.

[Dilbert San Diego]

On some previous threads about this subject, some people here on Free Republic said the government is simply going to sell bonds to cover Social Security and Medicare shortfalls.

These would supposedly be bonds where the proceeds are earmarked specifically for Social Security and Medicare.

But even if that happens, those bonds would still have to be sold in the financial markets, just like our ongoing treasury bills and other debt instruments are sold.