The run-away debt train

http://mercatus.org/publication/government-borrows-thirty-cents-every-dollar-sustain-spending-levels

“In 2012, the federal government spent $3.7 trillion, exceeding the amount of federal revenue by $1.1 trillion. The government borrowed 30 cents of every dollar spent in order to sustain this level of spending. These deficits will eventually have to be paid for by future taxpayers.”

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