Quote:
Originally posted by Spanky
The year my grandfather died the entire accumlated debt was 200 billion. With an annual budget of Two Trillion that is insignificant debt. Especially consdering we have an infinite number of years to pay it off.
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The accumulated debt today is $8.2 trillion. Interest payments for 2005 were over $350 billion.
I guess that's insignificant, too -- right?