Friday, September 28, 2007

The $5.5 Trillion Bush Legacy

Whatever happens over the next 16 months, Bush will leave office having presided over one of the fastest accumulations of government debt in the history of the United States. During his time in office, federal debt held by the public – Washington's equivalent of a credit-card balance – will have increased by more than 50 percent, to about $5.5 trillion. Uncle Sam will be paying interest on that sum for years to come......here

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