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The US spends 6% of the budget for interest on the debt, and 2% on education. Doesn't that say we are already deep into the problem, are already too deep in deb
by NoPiece 14y ago
The US spends 6% of the budget for interest on the debt, and 2% on education. Doesn't that say we are already deep into the problem, are already too deep in debt, and need to reprioritize? The bigger the debt is, the more legitimate spending will get squeezed. The longer we wait to address debt, the harder it will be to get out of the hole.
http://www.cbpp.org/cms/?fa=view&id=1258 http://www.cbpp.org/cms/?fa=view&id=1258