The national debt is unlikely to cause national bankruptcy because the federal government can:

Question

Quizplus · Accepted Answer

The federal government has three main options to address the national debt. First, it can raise taxes to increase revenue and pay off the debt. Second, it can print more money (although this can lead to inflation). Lastly, it can refinance its debt by issuing new bonds with lower interest rates to pay off the old bonds. Therefore, all of the above choices are correct.

The National Debt Is Unlikely to Cause National Bankruptcy Because