Interest On The National Debt
The budget debate is under way, and as the current Congress makes its decisions on which direction the pork will fly, the fact remains we currenlty spend 12% of our budget on Interest on the National Debt. That is shameful.
I am sure this sounds partisan but the Republicans became the party of choice over 20 years ago. They were the the party of reform; the party of small government; the party of fiscal responsibility. They were “starving the beast”. Bottom line - they control the government and none of this is true.
ResourcesĀ on Federal Budget and Current Debt:
- National Debt - http://brillig.com/debt_clock/
- White House Office of Management and Budget - http://www.whitehouse.gov/OMB/
- Congressional Budget Office - http://www.cbo.gov/