How is that? Are all U.S. government bonds now variable interest? Could the government live within its means and not borrow 40% of expenditures??? Our government is like some naive teenager with a new credit card buying things on credit so they can "improve" their credit rating. What utter stupidity...
Bonds are not variable interest, but they do mature and have to be rolled over. If you think that we can freeze the debt ceiling and just start paying off everything as it comes due, then you are delusional.