Over $18,000,000,000,000 in debt now. We'll probably be over $20 trillion before the next president takes office. When interest rates normalize (4.5% or more), we will pay around $1 trillion / year in interest, maybe more.
I have a hard time seeing how this can continue for the rest of my lifetime without drastic measures. Higher taxes are coming, you can bet on it... -- Max Dillon Charleston, SC On February 3, 2015 4:11:23 PM EST, clay via Mercedes <mercedes@okiebenz.com> wrote: >Budget of $2.9tn in 2009 > >Jacked up budget to almost $4 trillion for this year > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com All posts are the result of individual contributors and as such, those individuals are responsible for the content of the post. The list owner has no control over the content of the messages of each contributor.
