"President Obama has underestimated future budget deficits by a shocking $2.3 trillion, according to the CBO.
In fact, the CBO believes that the interest we will have to pay on our debt in the years ahead will surge from the current $214 billion-a-year tab to more than $1 trillion annually.
So, if that's only the interest we owe . . . just imagine how bad the total debt will be!"
Aaron DeHoog
Financial Publisher
Newsmax and Moneynews
Posts
