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Politics : PRESIDENT GEORGE W. BUSH
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To: Neocon who wrote (120941)1/3/2001 4:11:12 PM
From: WTSherman  Read Replies (2) of 769667
 
<Debt service is part of the budget. In a balanced budget, the debt is automatically paid down..... <

Neo, where do you get this from? Debt service in the Federal gov't just covers the interest expenses. There is no acrual to cover debt at maturity. I suggest you look at the Federal budget for the past 50 years if you doubt this.
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