The National Debt is $8.3 Trillion!

In Fiscal Year 2005, the U. S. Government spent $352 Billion of your money on interest payments* to the holders of the National Debt. Compare that to NASA at $15 Billion, Education at $61 Billion, and Department of Transportation at $56 Billion. For the current FY06, we've already spent $174 billion on interest payments! So how do we fix this growing debt problem? Here is one suggested solution. What's your solution? FAQs and Answers on the Balanced Budget Amendment.

posted by SARTRE @ 4/06/2006 10:33:00 AM