More important question is "Whom do we owe all that debt?"

According to Grok:

The U.S. national debt, also known as gross federal debt, stood at approximately $38 trillion as of late 2025. 

 This total consists of two main components: debt held by the public (about 80%, or roughly $29-30 trillion) and intragovernmental holdings (about 20%, or roughly $8 trillion). 

 The majority—over 75% of the total gross debt—is owned by domestic U.S. entities, including American investors (such as mutual funds, pension funds, banks, insurance companies, state and local governments, and individuals), the Federal Reserve, and the U.S. government itself via intragovernmental holdings in federal trust funds (like those for Social Security, Medicare, and military retirement). 

Foreign investors hold the remaining portion, about 24-25% of the total gross debt (or roughly 30-32% of the debt held by the public). 

 Among foreign holders, the largest are Japan (about $1.1 trillion), China (about $0.8 trillion), and the United Kingdom (about $0.7-0.8 trillion), but no single foreign entity owns a majority. 

So majority is owed back to ourselves in various ways and instead of "repaying" this debt we have to think about "restructuring" it.

For instance consider - Social Security / Medicare etc. They have such large US debt holdings because they make up the biggest chunk of annual budget. But we all know that its full of fraud and abuse. What happens when the full extent of fraud is exposed? My guess is that a majority of this debt will be taken back by the Treasury and retired.

Now consider the mutual funds, banks, insurance companies? What happens when all their fraud is fully unwound? Remember the EO that Trump signed about seizing assets of those who commit human trafficking etc? Again, my guess is Treasury will seize these assets, including US debt and retire it.

What about state and local governments? Again, same fraud and abuse. Same treatment.

What about the external entities: Japan, China, UK (and ECB as well I think). We keep hearing how they are "dumping dollars", but in reality Trump is buying back our debt and they are releasing us from debt. This is what "dedollarization" is really about. Most of this debt was weapon, used to control the world, and now its making its way back.

The only ones we have to worry about are pension funds and individuals. One reason why Trump signed the bill about 401(k) deregulation. These funds can diversify into well regulated precious metals, stablecoins etc. And I am sure after retiring all other fraudulent debt, we will be able to satisfy real investors with the new asset backed treasuries.

This is why Trump signed the Genius Act. It allows anyone anywhere in the world to buy US debt without Bankers in the middle, making it really cheap for US at low interest rates, and really lucrative risk free investment for individuals.

So to summarize: Majority of the debt will be reacquired by Treasury - either buy back or seizure - and retired. Remaining will be converted to asset backed Stablecoins that will be highly sought after around the world.

Going forward as long as our expenditure is in tune with the amount generated by Tariffs and other trade incomes, we dont need to worry too much.

Let's use the precedent Biden set for wiping student loan debt. Just get Trump to wave his pen, and tell the banks to shove it.

But, on a more serious note, all of those banks have been heavily engaged with international crime rings committing crimes against the USA.

Which, is besides the fact that the banks would all be out of business had Baby Bush not bailed them out in 2008 with a Trillion tax payer dollars. We don't owe them, they owe us.

Tariffs can pay it off easy.

Switch to a new currency. Value the new dollar the same as the old. Bank accounts and investments switch to the new dollar. Cash on hand can be traded at your bank or Fed bldg for new dollars. Cash hidden by criminal networks as well as foreign cash holdings and counterfeit can't be converted without proving income. I'd bet there would be a 30-40% decrease in US Dollars outstanding. The dollar's value would undergo a similar increase

To kick off the golden age, all debts will be wiped clean... a one time jubilee. This will be followed by confiscating all the real assets of criminal organizations and these proceeds used to rebuild our communities. I have heard some estimates (from Malaysia, Indonesia & Singapore sources) that this wealth confiscation from the criminal world is buried within a separate economic system used by them that the rest of us can't even see and are compleletly unaware of... to the tune of 1000s of trillions of dollars.

Buckle up. It will be a thrilling ride.

And then arrest them all for whatever crime they committed and then seize the money. That is how I would love to see it go

I can't help but wonder if the oft repeated phrase applies.

"Fraud vitiates everything"

Or maybe the "Corporation" files for bankruptcy.

And there is still the matter of assets that will be seized under those still in effect executive orders from the first term.

I'm going to let Trump and his team worry about that.

It's IMPOSSIBLE to pay off debt with more debt.