That payments are increasing is not good, but the US owns its debt in dollars, which gives a lot of flexibility in the long term to do all sorts of shenanigans since the US controls the dollar supply.
Good would be cutting back on spending in real terms. Neither party’s interested in that though
Good. It distorts our trade and provides marginal benefit on the borrowing front, given a non-reserve dollar would be similarly demanded on account of our massive consumer market.
People holding dollars in reserve is what is causing the deficit.