Other than interest payments of $1.2 trillion, the debt does NOT factor into the budget calculations.
You owe $50K on your Chinese EV. You make $100K per year after taxes, you spend $90K per year on living expenses plus $10K per year on car payments.
Your budget is balanced.
Now you can cut frivolous expenses, like your transgender mouse experiments you perform in your basement, and begin to pay off your car loan and perhaps even your $100K student loan for your masters in lesbian street performing arts you hoped Biden would cancel.
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