The growth of the national debt, if not stopped, will bankrupt the nation.

I will start this round by pointing out some misunderstandings. Con misunderstands when he says that PRO takes the "when" as "irrelevant" . The debate is "if the growth continues" not "when does bankruptcy happen" PRO is saying that if present trends continue, the USA will again go into bankruptcy, but PRO is not giving a year or saying what generation it will impact. Con believes that the debt could be paid down. History says no. The national debt has not been reduced since 1957 . http://www.batr.org... Con again misunderstands when he says "It will not affect this generation as you have claimed. " PRO never claimed this . Con then concedes by saying "It will take another 30 to 50 years before it could really hurt us if what you said happens." Con cites data that supports PRO regarding the inability of SS to loan money after 2033. http://money.cnn.com... Con again misunderstands about "New revenue sources will be unavailable" He cites percentages of EXISTING sources. These are not new sources. Now on to items 4 to 6 #4 Debt service will consume a higher and higher percentage of the US budget. In 2016 the effective interest rate on the debt was 2%. The government paid $242,000,000,000 in debt service. What is little known is that the actual interest charge was $432, 000.000.000. In other words the feds kicked about one half of the debt service into the next year. Here is a table on the growing interest cost of the debt.https://www.treasurydirect.gov... 2017 $458,542,287,311.80 2016 $432,649,652,901.12 2015 $402,435,356,075.49 2014 $430,812,121,372.05 2013 $415,688,781,248.40 2012 $359,796,008,919.49 2011 $454,393,280,417.03 2010 $413,954,825,362.17 2000 $361,997,734,302.36 Thus it is apparent that the debt has grown over time. At the same time, the debt service has grown and grown. #5 Default Default is a state where the government fails to meet its financial obligations in the short term. Primarily this happens when the USA fails to pay debt service obligations. "In October 2013"..investors seriously wondered whether the U.S. would actually default on its debt." https://www.thebalance.com... "There are... scenarios under which the United States would default on its debt. "...Interest rates would rise...The dollar would drop, as foreign investors fled the "safe-haven status" of Treasuries. ". The dollar would lose its status as a global world currency".The U.S. government would not be able to pay [obligations]. U.S. Government simply decided that its debt was too high, and simply stopped paying interest " https://www.thebalance.com... #6 Bankruptcy A nation becomes bankrupt when its "lifestyle" exceeds its ability to support that lifestyle. Greece is a good example of this situation, as is Argentina, and to a lesser extent, so is Iceland. http://flatheadbeacon.com... Additionally there are 14 countries on the verge of bankruptcy http://www.totalbankruptcy.com..., and the USA is on that list. http://247wallst.com... "Although not commonly known, the U.S. has declared bankruptcy five times, since its foundation. Once it could not pay its foreign debts, and four times could it not pay its internal debts. These bankruptcies had resulted from financial crises in the banking sector, the first of which was in 1790, and the last of which was in 1933."https://www.dailysabah.com...