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IPFS News Link • Economy - Economics USA

Obama budget plan shows interest owed on national debt quadrupling in next decade

• Washington Post
Interest payments on the national debt will quadruple in the next decade and every man, woman and child in the United States will be paying more than $2,500 a year to cover for the nation's past profligacy, according to figures in President Obama's new budget plan

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Comment by Olde Reb
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The exponential growth in future interest on the national debt has been forewarned, along with the future national bankruptcy. and among others.