The Gaza War Has Ruined Pride Month
A Muslim Mob Torched a 'Tourist' Alive in Pakistan. Here's Why.
Bill Maher and Cuomo Admit Something We've All Known About the Trump Hush...
Anthony Fauci Is A Garbage Person
A Quick Bible Study Vol. 223: Jesus Quotes Isaiah - Part 2
Whenever Any Group Mass Threatens Another Group, Take It Seriously
Let Trump Talk - Let Him Walk
The Bible and Public Policy
The Budgetary Nightmare Before Christmas
Churches Need to Rethink Mother's and Father's Day
What Happens When the Moral Wheel Comes off of a Great Society?
Thinking About Christians, Politics, and Discipleship in the Dobbs Era
What This Big-Time Democrat Donor Had to Say About Trump Is Stunning
Disney Exec. Admits It Discriminates Against White Male Applicants
'Squad' Member Jamaal Bowman Accused of Plagiarizing As He Runs to Secure the...

Obama Budget: Debt Payments to Exceed Defense Budget Within the Decade

A perilous tipping point, via the Senate Republican Budget Committee and the Weekly Standard:

Under this president's unanimously-rejected 2013 budget, federal spending on national debt interest payments would surpass our total defense budget within seven years.  Furthermore, current federal revenue levels will cover only Medicare, Medicaid, Social Security, and debt financing by 2025, according to Obama's own calculations.  Everything else -- including defense -- will be paid for with borrowed money. (It's probably worth noting here that national defense is a constitutional imperative).  This is a dangerous and unsustainable path.  Rep. Paul Ryan's budget staff tells me the Republican Path to Prosperity never crosses the national security rubicon illustrated above.  Defense spending would stand at "a couple hundred billion" dollars higher than debt interest payments in 2022 under the GOP plan, for instance. Yet this president has the gall to brand Ryan's proposal a recipe for American "decline."


Join the conversation as a VIP Member


Trending on Townhall Videos