Friday, April 18, 2014

Barry's Budget To Quadruple Interest Payments On Debt

Obama is the most dangerous man on the planet.

Today, the Congressional Budget Office released its estimation of the President’s FY15 budget plan. According to CBO’s estimate, the President’s plan will bring annual interest payments on the debt to $838 billion in one single year. That single year’s payment will be more than 82 times what we’ll spend on the FBI in that year and nearly 17 times what we’ll spend on the federal highway and road safety budget.
$838 billion just in interest? $651 billion more than when he took office. Is there an economist who works in this administration?

No comments: