If politicians truly cared about you and your family as they claim, they would be addressing this issue. Instead of proposing new spending, new free programs, our members of Congress should be working on our debt.
Sen Sanders claims US is the richest country on earth and thus we should be able to pay for …
Yup, the richest country is living on its credit card just like many American families and in the process wasting billions upon billions in interest payments.
“The interest on our debt is now the fastest growing part of the federal budget, over education, defense, health care or Social Security. Interest, which is expected to hit $383 billion in 2019, will balloon to $928 billion in 2029, according to the CBO.
Next year, interest costs will exceed the amount of all federal spending on our children. And, in 2025, our interest payments will exceed the cost of our defense budget. Before 2050, we’ll likely spend more on interest payments than any other government program or department, according to Maya MacGuineas, president of the Committee for a Responsible Federal Budget.” Source: CNN.com