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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (44902)8/17/2010 7:58:02 AM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "The interest on the debt 1 - Is spending."

Of course.

(It's just that it ISN'T 'optional'... that is, unless we want to consider default. Repudiation of debt like some sad sack 'banana republic'.)

Re: "and 2 - Wouldn't exist without the previous spending"

That one draws an 'Uh... obviously'! from me.

Yes, borrowing large sums of money comes with interest payments on that debt.... :-)
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