Thursday, February 17, 2011
Morning Bell: Is This Program Worth Bankrupting My Child? | The Foundry: Conservative Policy News.: "Under President Barack Obama’s fiscal year (FY) 2012 budget, by 2014 net interest payments on our debt will surpass the amount spent on education, transportation, energy, and all other discretionary programs outside defense combined. Over the next decade, every citizen will be paying more than $2,500 a year in interest alone. Simply put: Our current spending habits are bankrupting our children. This must stop. The culture of overspending must change, and this week’s debate over the remaining months over the FY 2011 budget is the beginning of that fight"