GDP

Since 2009, after doubling to $20 trillion, the national debt is now moving towards an unfathomable $92 trillion over the next thirty years. At that certain point, relying on interest rates, between 60 and 100% of all individual income taxes will drive towards paying the interest on this national debt. Why healthcare spending is driving the federal budget into bankruptcy? The issue is nether tax revenues, nor other spending programs. Instead, the budget is being […]