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View Full Version : A Fiscal Wake-Up Call



WestSideJohn
November 15th, 2005, 12:42 PM
The latest national debt projections are pretty grim. Based on current spending vs. revenue figures, the national debt will grow by more than $3 trillion over the next five years to $11.2 trillion -- that's nearly $38,000 for every man, woman and child in the United States, regardless of whether they pay taxes or not. The annual interest payment on debt of that magnitude? $561 billion. That's what we spend on our entire defense program.

Wake up!

WNYresident
November 15th, 2005, 12:50 PM
They won't stop because thier "connected" friends are mostly on the recieving end of the money spent. What other reason is there to go into debt like that?