People who understand who bad things are dumps US debt. Boehner and the pub 'leaders' are nibbling at the edges with their 60 B in cuts, Obama is a joke with his 4B in cuts. The porblem is much bigger. Biggest Bond Fund Dumps U.S. Debt - National Review Online Of course if Interest rates go up things get MUCH WORSE. Game over for the welfare state so loved by the left. The longer we delay the worse the day of reckoning will be.