What happened to the multi-trillions of dollars that have been appropriated since 2020, like the alleged "Covid Relief" funds?
Spending trillions of dollars is also inflationary, which runs contrary to current Fed Policy.
As Interest Rates rise, the cost of financing the public debt will compete with discretionary funding of appropriations. Formerly, non-discretionary spending may be re-classified as discretionary.
A bankrupt US Treasury is a great reason to end Social Security, Medicare, and other "entitlement" programs as part of an austerity plan.