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Politics : Formerly About Advanced Micro Devices

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To: Taro who wrote (359338)11/19/2007 2:57:02 PM
From: Alighieri  Read Replies (2) of 1577111
 
With the deficit approaching zero, the rise in same debt would also head same way.
In spite of the Bush tax cuts that is.


Another misunderstanding. The deficit is aided by SS surpluses. If you remove those, the deficit is larger than the WH would tell you.

An interesting factoid for you, we pay more than $400B (yes that's billion) in interest on the current national debt. A lot of it leaves the country and goes to Asia. Imagine what we could do to SS, Medicare and other domestic programs with that money, plus the billions spent in Iraq?

Al
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