In response to:

Uh, Obama? We Have a Problem: Interest Expense to Hit $1 Trillion in 4 Years

Flubadub Wrote: Feb 06, 2013 8:37 AM
And who cares? While the dems are trying to figure out what is the next thing they can promise the voters to get their votes the repubs are standing in front of the TV and the dems are mad at them cause they can't see the next reality show. Dems plan is always a diversion to what is really going on and the repubs get the blame and the game goes on. Nothing bad is going to happen and the repubs cannot prove otherwise, so they must be wrong. Besides no one is paying attention anyway.
ideaminer Wrote: Feb 06, 2013 2:01 PM
As I write this there are just over 60 comments on this article, and that's pretty typical for forums such as this, especially when the commentary deals with economic issues, even on liberal/Dem forums. And there are, what, over 100 million voters in the US? Your last line, sadly, says it all: no one is paying attention.

Bernard83 Wrote: Feb 06, 2013 8:52 AM
Probably the best summation I've read.

I hate to interrupt Obama’s “We Don’t Have a Spending Problem” World Tour. But reality intervened on Tuesday as the Congressional Budget Office released a report that says that the budget deficit will grow through 2023 and “will eventually require the government to raise taxes, reduce benefits and services, or undertake some combination of those two actions,” reports CBSNews- and all of that just to cover interest payments.

“In its annual Budget and Economic Outlook,” writes CBSNews, “the CBO said debt held by the public will be bigger by 2023 than in any year since...

Related Tags: Expense