Can A Nation $18 Trillion In Debt Afford Higher Interest Rates & Will This Change Our Retirements? by Daniel Amerman: "Given its sheer size, if the interest rate on that debt were to rise by even 1%, the annual federal deficit rises by $180 billion. A 2% increase in interest rate levels would up the federal deficit by $360 billion, and if rates were 5% higher, the annual federal deficit rises by $900 billion."
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