A major reason that the public debt cannot bankrupt the Federal government is because:

Question

Quizplus · Accepted Answer

The public debt can be easily refinanced by issuing new bonds, which means the government can borrow more money to pay off the existing debt. This is because the United States has a stable economy and government, which makes it a safe investment for buyers of U.S. Treasury Bonds. Therefore, the government can always find buyers for its bonds and easily refinance the public debt.

A Major Reason That the Public Debt Cannot Bankrupt the Federal