Lawrence Summers Borrowing Quotations

The ongoing task of debt management for the federal government will clearly be very different in the years ahead than it has been in the past, when debt was rapidly increasing, ... With $3.6 trillion in debt outstanding, even a 3 basis point (0.03 percentage point) reduction in federal borrowing costs will ultimately produce savings of more than $1 billion per year.

As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.