Comment by jay_kyburz

All I know about this issue is what you wrote above, but it sounds to me like the US taxpayer is paying interest on bonds so that bond holders can earn interest.

I think its perfectly reasonable for the taxpayer to say they would rather not pay interest on those loans. The bond holder could lend the money somebody else instead.

In fact, I think its really unfair that one generation of people can leave debt behind for future generations to pay with higher taxes.