Interest Rates Are Not Enough To Handle Increasing deficits.

In the past couple of days, there has been a lot of talk about Interest rates in the news involving the rising debt in the U.S and the Fed cutting interests rates to slow down the accumulation of debt. In the Long Run, more government payments on programs like Medicaid and Social Security and the interest of debt will make the government spend more money more quickly and will overturn the revenue adding to the government's debt. One of the major issues occurring is that Interest Rates are used primarily for the long run and if we spend more in the Short Run, the Interest Rates start to rise and then we will begin to face higher levels of debt. Another issue is that policymakers have tried to implement policies for future spending on Government programs but if the Interest Rates remain low then any pre-funding for these programs will need higher taxes to be effective. If we continue spending more then we earn, then Interest Rates will no longer be effective and the government must find new ways and policies to stop the growing debt.

https://www.cnn.com/2019/08/28/perspectives/us-deficit-debt-economy-interest-rates/index.html