I will grant that.

Your point is an entirely different one. It actually doesn't interest me because it appears to be just a word game.

Canada has been playing the exact same asset/debt shuffle game with pension 'reserves' for just as long as the USA. I don't see this as actually impinging upon the financing situation at all since this process has been used for many different government programs for many decades. A T-bill is a t-bill regardless of who is holding it.

Adding another round of t-bill rollovers doesn't seem significant to me. Overall US debt levels are comparatively quite low (much less than the majority of EU nations).

I'm not into conspiracy theories that hold that the US government is planning on reneging on T-bills within 10 years from now which is what your argument amounts to.