In response to:

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

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.

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