Where is the money going

I was quite shocked when I started to really look at the official US Budget. Here is the 10 year plan (page 151) Receipts:  $37 trillion Outlays:  $46 trillion Deficit:  $9 trillion Um…yeah, doesn’t sound like a good plan to me either.  So, debt is going to grow. What happens to interest expense? 2010 = […]

Filed under: Uncategorized | Posted on March 20th, 2010 by Holly | No Comments »

Lets talk Debt

Debt? So what…so many people say we owe it to ourselves, it isn’t a big deal.  Well, that is not exactly true.  As we have seen with Social Security the debt is coming due.  I did a search to see if I could find out what was coming due when….check out page 13 of the […]

Filed under: Uncategorized | Posted on March 20th, 2010 by Holly | No Comments »

Medicare

If you have read my Social Security post, and come to terms with it….this one will scare your pants off.  Social Security is a mild problem in comparison. I don’t even know where to begin, so I will point you to a 6 page report written by the CBO in 2002.  This report says that because […]

Filed under: Uncategorized | Posted on March 20th, 2010 by Holly | No Comments »

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