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

JMadsion1700 Wrote: Feb 06, 2013 7:58 AM
For those of you interested in the Constitution, Sound Money, Balanced Budgets, and the Founding Fathers (check out): www.constitutionliberty. com Sign up for the Newsletter! Thanks.
anonymous11042 Wrote: Feb 06, 2013 9:07 AM
Tell that to Congress and the chief Marxist Snowbama. The constitution has been murdered.

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...

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