How does dropping interest rates in America have anything to do with refinancing our debt?

I think 'refinance' is fairly loosely worded here. 

but whatever $TRILLION the US debt figure is is based on Treasuries and corresponding interest rates ... so if Powell cuts interest rates, which he will probably be forced to at some point, the debt payments on the owed debt will be lower.

🎩 first, but I like being part of this experiment that is the Farcaster network 🌶️ spicy strategist

Ok that makes a little more sense, but I’m still gonna need chatGPT to break that down 😂