An Interesting Look At Our Interest Payments
By Frank McCaffrey, NetRight Daily: You might not believe how much we’re paying on interest for our national debt. ALG’s Rick Manning spoke with Reporter Frank McCaffrey about how much we are spending and what it really means. [Watch the following video interview and view the graphics.The graphic at the right depicts the present but every growing interest payment. Presently our interest payment exceeds the amount the Federal Government pays for Military Pay or for Veteran Benefits or for Education and Training. The US interest payment exceeds the size of the GDP for the richest Middle East oil country - the United Arab Emirates.]
Tags: NetRight Daily, Federal Budget, U.S. Interest Payments, national debt, GDP, CR, Continuing Resolution, Americans for Limited Government To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Tags: NetRight Daily, Federal Budget, U.S. Interest Payments, national debt, GDP, CR, Continuing Resolution, Americans for Limited Government To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
1 Comments:
Mr. Lerner, Tromka and their Union boot lickers best remember one thing: ARMED citizens especially those of us who are veterans, will DIE first before letting them, O-Bow-Well and company try this crap. My words to them: BRING IT.
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"There isn't an expiration date on the Oath of Enlistment a 17 year old sailor took which states: 'I do solemnly swear that I will support and DEFEND the Constitution of the United States against ALL enemies; foreign and DOMESTIC........ so help me God"
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