Minor Thoughts from me to you

The Interest Payments Will Kill Us

We have to cut spending, so that we can stop borrowing, so that we can start paying down our existing debt. Why? Well, if we don't, the interest payments on our debt will soon be the only thing left in our budget.

Entitlement Spending Chart, growing interest costs

Is this fear mongering? No, that's actually the best case scenario.

Thanks to the Mercatus Institute and Veronique de Rugy for this info.

This entry was tagged. Debt Fiscal Policy