Finance Q&A

Why haven't ANY of the politicians recommended using the surplus to reduce the National Debt which is costing us over $200 billion annually in interest payments ( and much of it to foreign governments and over seas investors)?

Edwards Finance > Debt Consolidate

Q. Its disgusting to see how the politicians are manipulating a gullible public. The Democrats are proposing several dozen new government initiatives to spend the "surplus" on and the Republicans want to spend it on a tax cut. What deception and sophistry! There is no surplus. Last years surplus of $70 billion resulted in the National Debt INCREASING BY $132 billion dollars. The surplus is practicing the fine art of political deception with creative book keeping. Why haven't ANY of the politicians recommended using the surplus to reduce the National Debt which is costing us over $200 billion annually in interest payments ( and much of it to foreign governments and over seas investors)? Its simple - there is no surplus to use to reduce the debt! w...@worldnet.att.net For discussion of Education, Political & Tax Reform

A. On this issue it is almost scary to think you have hit the nail on the head .And we get to play the role of the nail getting pounded.

 


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