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Lv 6
? asked in Politics & GovernmentPolitics · 11 months ago

What would happen if the us paid off its debt?

Update:

EDIT: and how long do you think it would take for the us to pay off its debt?

3 Answers

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  • Edward
    Lv 7
    11 months ago
    Favorite Answer

    We’d have 35 billion more each month In the treasury that’s the interest on are debt.

  • Anonymous
    11 months ago

    the economy would grind to a halt.

    There isn't enough money in existence to pay off the debt AND the interest

  • JJ
    Lv 7
    11 months ago

    Politicians would increase their spending and get us back into debt.

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