Wednesday, September 21, 2005

Debt for the foreseeable future...

With the national debt currently consuming more than 8% of expenditures (i.e. - >8% of the budget goes to interest on the debt - a lot to China and Japan who buy our securities) will the Republican President and Congress get together to pass a realistic plan for financing Katrina reconstruction and getting our government on some kind of solid financial footing?

We've never had socialism and irresponsibility like this before. Will the Rs bankrupt the republic?

1 comment:

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