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To: central_va

http://www.usdebtclock.org

tax revenue > [interest+medicare+SS+defense] (although civilian defense were furloughed). Adding Fed pensions or income security would put it in deficit.

What the heck is income security?


39 posted on 10/16/2013 8:01:12 PM PDT by scrabblehack
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To: scrabblehack

You are missing the point. Forget all other spending. The revenue that comes in has to cover, and does indeed cover, the interest on the debt. The US Govt pays that bill first. It always has. Always will. It is like a family paying the mortgage first THEN the other bills.


40 posted on 10/16/2013 8:04:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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