GET https://rct.dev.bbntimes.com/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill

Response
200 OK
IP
3.147.57.111
Profiled on
Token
12c50c

ArticleController :: show

Request

GET Parameters

None

POST Parameters

None

Uploaded Files

None

Request Attributes

Key Value
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"_security_main"
_stopwatch_token 
"7a074a"
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"global-economy"
slug 
"where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"

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Header Value
accept 
"*/*"
accept-encoding 
"gzip, br, zstd, deflate"
connection 
"close"
cookie 
"PHPSESSID=smtugd1v7l565o7fjt07sr8dti"
host 
"rct.dev.bbntimes.com"
user-agent 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
x-php-ob-level 
"1"

Request Content

Request content not available (it was retrieved as a resource).

Response

Response Headers

Header Value
cache-control 
"no-cache, private"
content-type 
"text/html; charset=UTF-8"
date 
"Sat, 22 Feb 2025 13:41:01 GMT"
link 
"</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style""
x-debug-token 
"12c50c"

Cookies

Request Cookies

Key Value
PHPSESSID 
"smtugd1v7l565o7fjt07sr8dti"

Response Cookies

No response cookies

Session 6

Session Metadata

Key Value
Created 
"Sat, 22 Feb 25 13:40:44 +0000"
Last used 
"Sat, 22 Feb 25 13:41:00 +0000"
Lifetime 
0

Session Attributes

Attribute Value
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_csrf/https-cookie_accept 
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Session Usage

6 Usages
Stateless check enabled
Usage
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:79
Show trace 
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:52
Show trace 
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Show trace 
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    "line" => 181
    "function" => "show"
    "class" => "App\Controller\ArticleController"
    "type" => "->"
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    "function" => "handleRaw"
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    "type" => "->"
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    "line" => 197
    "function" => "handle"
    "class" => "Symfony\Component\HttpKernel\HttpKernel"
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  [
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    "line" => 29
    "function" => "run"
    "class" => "Symfony\Component\Runtime\Runner\Symfony\HttpKernelRunner"
    "type" => "->"
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    "args" => [
      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
    "function" => "require_once"
  ]
]
Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-core/Authentication/Token/Storage/UsageTrackingTokenStorage.php"
    "line" => 41
    "function" => "getMetadataBag"
    "class" => "Symfony\Component\HttpFoundation\Session\Session"
    "type" => "->"
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    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/twig-bridge/AppVariable.php"
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    "function" => "getToken"
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    "function" => "twig_get_attribute"
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    "function" => "handleRaw"
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    "type" => "->"
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    "function" => "handle"
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    "function" => "run"
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    "args" => [
      "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/autoload_runtime.php"
    ]
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]
Symfony\Component\Security\Http\Firewall\ContextListener:171
Show trace 
[
  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/security-http/Firewall/ContextListener.php"
    "line" => 171
    "function" => "remove"
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    "function" => "onKernelResponse"
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    "function" => "__invoke"
    "class" => "Symfony\Component\EventDispatcher\Debug\WrappedListener"
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    "function" => "callListeners"
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  [
    "file" => "/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/vendor/symfony/http-kernel/HttpKernel.php"
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    "function" => "filterResponse"
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Flashes

Flashes

No flash messages were created.

Server Parameters

Server Parameters

Defined in .env

Key Value
APP_ENV 
"dev"
APP_SECRET 
"0a988e63f011514eaabfc650b599af4d"
CORS_ALLOW_ORIGIN 
"*"
DATABASE_URL 
"mysql://bbndb_rctuser:33F5W25z40or0f7@localhost:3306/rct_bbntimes"
GOOGLE_RECAPTCHA_SECRET_KEY 
"6LdV5fgpAAAAANxzTG8ZMfIjil1wu-1vrQvnUt-x"
GOOGLE_RECAPTCHA_SITE_KEY 
"6LdV5fgpAAAAAENKcn73MJAhQrbtQeqgyC4wDLMP"
MAILER_DSN 
"smtp://no-reply%40rct.dev.bbntimes.com:Bl6%26gLD48%26Of919@rct.dev.bbntimes.com:465"
MARIADB_PASSWORD 
"i!87pK&!85ezc8"

Defined as regular env variables

Key Value
APP_DEBUG 
"1"
BASE 
"/public"
CONTEXT_DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
CONTEXT_PREFIX 
""
DOCUMENT_ROOT 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com"
FCGI_ROLE 
"RESPONDER"
GATEWAY_INTERFACE 
"CGI/1.1"
HTTPS 
"on"
HTTP_ACCEPT 
"*/*"
HTTP_ACCEPT_ENCODING 
"gzip, br, zstd, deflate"
HTTP_CONNECTION 
"close"
HTTP_COOKIE 
"PHPSESSID=smtugd1v7l565o7fjt07sr8dti"
HTTP_HOST 
"rct.dev.bbntimes.com"
HTTP_USER_AGENT 
"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)"
PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
PATH 
"/usr/local/sbin:/usr/local/bin:/usr/sbin:/usr/bin:/sbin:/bin:/snap/bin"
PHP_SELF 
"/public/index.php"
PP_CUSTOM_PHP_CGI_INDEX 
"plesk-php81-fastcgi"
PP_CUSTOM_PHP_INI 
"/var/www/vhosts/system/rct.dev.bbntimes.com/etc/php.ini"
QUERY_STRING 
""
REDIRECT_BASE 
"/public"
REDIRECT_HTTPS 
"on"
REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_HTTPS 
"on"
REDIRECT_REDIRECT_PASSENGER_COMPILE_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_PASSENGER_DOWNLOAD_NATIVE_SUPPORT_BINARY 
"0"
REDIRECT_REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
REDIRECT_REDIRECT_SCRIPT_URL 
"/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
REDIRECT_REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_REDIRECT_STATUS 
"200"
REDIRECT_REDIRECT_UNIQUE_ID 
"Z7nT7LiBoyj8JZ8-HGyGcQAAABI"
REDIRECT_SCRIPT_URI 
"https://rct.dev.bbntimes.com/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
REDIRECT_SCRIPT_URL 
"/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
REDIRECT_SSL_TLS_SNI 
"rct.dev.bbntimes.com"
REDIRECT_STATUS 
"200"
REDIRECT_UNIQUE_ID 
"Z7nT7LiBoyj8JZ8-HGyGcQAAABI"
REDIRECT_URL 
"/public/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
REMOTE_ADDR 
"3.147.57.111"
REMOTE_PORT 
"7496"
REQUEST_METHOD 
"GET"
REQUEST_SCHEME 
"https"
REQUEST_TIME 
1740231660
REQUEST_TIME_FLOAT 
1740231660.9765
REQUEST_URI 
"/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
SCRIPT_FILENAME 
"/var/www/vhosts/dev.bbntimes.com/rct.dev.bbntimes.com/public/index.php"
SCRIPT_NAME 
"/public/index.php"
SCRIPT_URI 
"https://rct.dev.bbntimes.com/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
SCRIPT_URL 
"/global-economy/where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
SERVER_ADDR 
"5.196.1.209"
SERVER_ADMIN 
"[no address given]"
SERVER_NAME 
"rct.dev.bbntimes.com"
SERVER_PORT 
"443"
SERVER_PROTOCOL 
"HTTP/1.1"
SERVER_SIGNATURE 
"<address>Apache Server at rct.dev.bbntimes.com Port 443</address>\n"
SERVER_SOFTWARE 
"Apache"
SSL_TLS_SNI 
"rct.dev.bbntimes.com"
SYMFONY_DOTENV_VARS 
"APP_ENV,APP_SECRET,DATABASE_URL,MARIADB_PASSWORD,CORS_ALLOW_ORIGIN,MAILER_DSN,GOOGLE_RECAPTCHA_SECRET_KEY,GOOGLE_RECAPTCHA_SITE_KEY"
UNIQUE_ID 
"Z7nT7LiBoyj8JZ8-HGyGcQAAABI"

Sub Requests 6

CookieController :: renderAnalysis (token = 33c33e)

Key Value
_controller 
"App\Controller\CookieController::renderAnalysis"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"c12f84"

AppController :: renderHeader (token = e59143)

Key Value
_controller 
"App\Controller\AppController::renderHeader"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"3e51b4"
slug 
"home"

ArticleController :: trendingArticle (token = 1f9678)

Key Value
_controller 
"App\Controller\ArticleController::trendingArticle"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"e47435"
category 
"Global Economy"

ArticleController :: relatedArticles (token = 497d4d)

Key Value
_controller 
"App\Controller\ArticleController::relatedArticles"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"5eea36"
current_article 
App\Entity\Article {#1094
  -id: 6991
  -title: "Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill"
  -slug: "where-federal-debt-is-headed-and-staying-off-the-interest-payments-treadmill"
  -introtext: "<p class="p1"><span class="s1" style="color: #000000;">By now, it's old news to anyone paying attention that the federal debt, based on current law, is on a trajectory to rise in an unsustainable way over the next few decades. </span></p>\r\n"
  -content: """
    \r\n
    <p class="p1"><span class="s1"><span style="color: #000000;">What is less well-known, I think, is the extent to which these forecasts for rising federal debt rely on interest payments soaring out of control. The message comes through clearly in the</span>&nbsp;<a href="https://www.cbo.gov/publication/56516"><span class="s2">Congressional Budget Office report "The 2020 Long-Term Budget Outlook"</span></a>&nbsp;<span style="color: #000000;">(September 2020).</span>&nbsp;</span></p>\r\n
    <p class="p1"><span class="s1" style="color: #000000;">Here's the CBO projection for where federal debt is headed, based on current law. The federal debt/GDP ratio is now on the verge of surpassing its previous high, which was the debt incurred to fight World War II. These debt projections are typically viewed as conservative, because Congress often passes laws that suggest taxes will be raised or spending will be cut several years off in the future; for example, that the tax cuts in the 2017 Tax and Jobs Act will end in 2025. The CBO projections faithfully assume that these future tax increases and spending cuts will be enacted, but often when the date gets near, they are postponed until further into the future.&nbsp;</span></p>\r\n
    <div class="separator"><a href="https://lh3.googleusercontent.com/-IbAbA0Sr5qk/X2pcoK4K3QI/AAAAAAAAKvk/EdWP66BbM50JwvoiBUSvDiODSOq_hkQYQCLcBGAsYHQ/image.png"><img src="https://lh3.googleusercontent.com/-IbAbA0Sr5qk/X2pcoK4K3QI/AAAAAAAAKvk/EdWP66BbM50JwvoiBUSvDiODSOq_hkQYQCLcBGAsYHQ/w452-h301/image.png" alt="Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill" width="452" height="301" data-original-height="533" data-original-width="800" /></a></div>\r\n
    <p><span style="color: #000000;">This "baseline" prediction, as it is called, suggests that higher spending will be a main driver of the future deficits. This figure shows projections for future spending and tax revenues. The burst of pandemic-related spending is clearly visible. Looking at 2025, you can see a bump upward in tax revenues when certain tax cuts from the 2107 legislation are projected to expire. But outlays just keep rising. Why?&nbsp;</span></p>\r\n
    <div class="separator"><a href="https://lh3.googleusercontent.com/-jwFSPT0FKZg/X2pd2AjdC3I/AAAAAAAAKvs/3jPeN2uIyPYS-qVZ0wtUZPD-gdZU4FzLgCLcBGAsYHQ/image.png"><img src="https://lh3.googleusercontent.com/-jwFSPT0FKZg/X2pd2AjdC3I/AAAAAAAAKvs/3jPeN2uIyPYS-qVZ0wtUZPD-gdZU4FzLgCLcBGAsYHQ/w464-h240/image.png" alt="Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill" width="464" height="240" data-original-height="404" data-original-width="779" /></a></div>\r\n
    <p><br /><span style="color: #000000;">One underappreciated factor is that at some point, a vicious circle emerges in which the interest payments on past borrowing get so big that they make annual budget deficits notably larger, which in turn drives interest payments higher, too. Here's a breakdown of the projected rise in federal spending by main categories. As you can see, spending on Social Security rises, as does spending on major health care programs. But it's net interest payments that really; indeed, the current projections are that interest payments will be larger than the Social Security program by the early 2040s.&nbsp;&nbsp;</span></p>\r\n
    <div class="separator"><a href="https://lh3.googleusercontent.com/-rEJK1-Tkftw/X2pe9AaHxqI/AAAAAAAAKv0/Pdj6WzZTKcUAFB_rQirDinpCnX3pTJabwCLcBGAsYHQ/image.png"><img src="https://lh3.googleusercontent.com/-rEJK1-Tkftw/X2pe9AaHxqI/AAAAAAAAKv0/Pdj6WzZTKcUAFB_rQirDinpCnX3pTJabwCLcBGAsYHQ/w440-h230/image.png" alt="Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill" width="440" height="230" data-original-height="410" data-original-width="779" /></a></div>\r\n
    <p class="p1"><span class="s1" style="color: #000000;">The obvious lesson here, as anyone with a credit card has learned, is that it's important to stay away from that treadmill where debt and interest payments on the debt keep driving each other to new heights. How might that be done?&nbsp;</span></p>\r\n
    <p class="p1"><span class="s1" style="color: #000000;">Part of the issue here is that we have been making a slow-motion decision over time to shift the role of the federal government&nbsp;<span style="color: #808080;"><a style="color: #808080;" href="https://conversableeconomist.blogspot.com/2016/07/the-transition-to-transfer-payment.html"><span class="s2">away from investment and away from national defense</span></a></span>, and toward&nbsp;<span style="color: #808080;"><a style="color: #808080;" href="https://conversableeconomist.blogspot.com/2020/08/the-rise-of-us-social-insurance-state.html"><span class="s2">social insurance.</span></a></span>&nbsp;It has been obvious for decades now since&nbsp;<span style="color: #808080;"><a style="color: #808080;" href="https://conversableeconomist.blogspot.com/2012/10/us-birth-rates.html"><span class="s2">that surge of birthrates after World War II that we call the "baby boom generation"</span></a></span>&nbsp;that spending programs for the elderly like Social Security and Medicare would be expanding in the 2020s. We seem to have a fairly broad social consensus in support of the spending for these programs, but we haven't been able to agree on taxes to finance them. This figures shows the projected rise in these programs over time, how much of it can be attributed to the aging of the population, and for health care programs, how much can be attribute to what seems to be an inexorable rise in health care costs.&nbsp;</span></p>\r\n
    <div class="separator"><a href="https://lh3.googleusercontent.com/-ssczfQe-Duk/X2ph1X2emjI/AAAAAAAAKv8/52RMEKT_WWkbeu5arcTqrD_RUP7onH6vACLcBGAsYHQ/image.png"><img src="https://lh3.googleusercontent.com/-ssczfQe-Duk/X2ph1X2emjI/AAAAAAAAKv8/52RMEKT_WWkbeu5arcTqrD_RUP7onH6vACLcBGAsYHQ/w504-h257/image.png" alt="Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill" width="504" height="257" data-original-height="396" data-original-width="779" /></a></div>\r\n
    <p><br />There are a number of possible ways to stay off that interest payments treadmill via higher taxes or lower spending in other areas of the budget. But it's now 10 years since the passage of the Patient Protection and Affordable Care Act of 2010, and based on current campaign advertising by Democrats, it seems clear that&nbsp;<span style="color: #808080;"><a style="color: #808080;" href="https://conversableeconomist.blogspot.com/2020/04/health-care-headed-for-one-fifth-of-us.html">it did not succeed either in holding down costs</a></span>&nbsp;or providing an assurance of health insurance coverage. If a way could be found to hold down that excess growth in health care costs, it would be a big step in reducing the growth of federal debt and staying off the interest rate treadmill.</p>
    """
  -user: Proxies\__CG__\App\Entity\User {#1092 …}
  -createdAt: DateTime @1600950613 {#1145
    date: 2020-09-24 12:30:13.0 UTC (+00:00)
  }
  -updatedAt: DateTime @1600950973 {#1150
    date: 2020-09-24 12:36:13.0 UTC (+00:00)
  }
  -deletedAt: null
  -category: App\Entity\Category {#445 …}
  -status: "published"
  -imageCard: Proxies\__CG__\App\Entity\File {#1184 …}
  -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …}
  -featured: false
  -mainView: false
  -clicks: 1527
  -comments: Doctrine\ORM\PersistentCollection {#1125 …}
  -reviewed_at: DateTime @1600950613 {#1148
    date: 2020-09-24 12:30:13.0 UTC (+00:00)
  }
  -metakey: "Where Federal Debt is Headed and Staying Off the Interest Payments Treadmill"
  -metadesc: "By now, it's old news to anyone paying attention that the federal debt, based on current law, is on a trajectory to rise in an unsustainable way over the next few decades."
  -robots: null
  -publishedAt: DateTime @1600950613 {#1147
    date: 2020-09-24 12:30:13.0 UTC (+00:00)
  }
  -canonical: null
  -superTag: null
}

AppController :: renderFooter (token = 560763)

Key Value
_controller 
"App\Controller\AppController::renderFooter"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"39fb88"

CookieController :: renderCookie (token = 45e059)

Key Value
_controller 
"App\Controller\CookieController::renderCookie"
_format 
"html"
_locale 
"en"
_stopwatch_token 
"bdd427"