Uncle Sams Teaser interest rate

http://online.wsj.com/article/SB1000142 ... lenews_wsj

This story may get summarized like all WSJ pieces, but read it while it lasts. Its what I have been saying for a long time, the debt is masked by ultra low interest rates. 2.2% on average in 2012, historically it has been 5-6%. Not much different than the sub prime loans. In the future the interest payment will be higher than the medicaid or medicare program costs. Happy reading!
Why do so few people see how serious this is?

First, a couple facts: the U.S. Treasury currently has $10.7 trillion in outstanding publicly-held debt, and more than $8 trillion of it must be repaid within the next seven years. More than $5 trillion falls due within the next 36 months.

This relatively short-term debt sheet is no accident. Like a subprime borrower opting for a low teaser rate, the government has structured its debt to keep current interest payments low.
The problem is that this disguises the magnitude of the debt threat and stores up trouble for future Presidents and taxpayers.