"The cost of servicing the debt would be enormous".
But it also eased the unsustainably high cost of servicing the debt.
Even more important, falling interest rates have drastically lowered the cost of servicing the federal debt.
"You'd suppose the doubling of the debt would jack up the cost of servicing the debt.
all or a portion of the costs to the Federal Government of servicing the Federal credit instruments.
As interest rates return to more normal levels, the cost of servicing the national debt is likely to increase, too.
"The cost of servicing the bond could be $10 million a year, but that's not charged to the athletic department".
"We've had a big reduction in interest rates that has reduced the cost of servicing the debt.
After all, politics is a matter of servicing the community, which means that it is morality in practice.
Higher interest rates would increase the cost of servicing the debt, and raise Japan's risk of default.
The resulting higher interest rates would elevate the cost of servicing the federal debt, further aggravating the deficit.
