How are you calculating that? The national debt itself currently has an average ... | Hacker News

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		mdorazio on Aug 21, 2024 \| parent \| context \| favorite \| on: Calling All Hackers How are you calculating that? The national debt itself currently has an average interest rate higher than 3%.

AnthonyMouse on Aug 26, 2024 [–]

"Balanced budget" presumably includes paying the interest on existing debt in the current year rather than recapitalizing it.

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