US Debt
Our national debt currently exceeds $14 trillion dollars, with much of this money owed to other countries and foreign investors. The interest payments on this debt are immense, exceeding $200 billion in 2010 alone. Over the course of the next decade our payments are expected to quadruple, with ever more tax dollars flowing to our overseas creditors. Debt be it public or private, is akin to an old time prison “ball & chain” ... for it shackles the debtor and impedes forward progress.
Roger L. Caron
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