An Interesting Look At Our Interest Payments

By Frank McCaffrey, NetRight Daily: You might not believe how much we’re paying on interest for our national debt. ALG’s Rick Manning spoke with Reporter Frank McCaffrey about how much we are spending and what it really means. [Watch the following video interview and view the graphics.The graphic at the right depicts the present but every growing interest payment. Presently our interest payment exceeds the amount the Federal Government pays for Military Pay or for Veteran Benefits or for Education and Training. The US interest payment exceeds the size of the GDP for the richest Middle East oil country - the United Arab Emirates.]

---

Tags: NetRight Daily, Federal Budget, U.S. Interest Payments, national debt, GDP, CR, Continuing Resolution, Americans for Limited Government To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!