Congress has allowed the federal debt to grow by leaps and bounds to where we now have an obscene debt of tens of trillions of dollars.
Who knows the real number? Silly question, but what is the interest on this debt?
We have a stimulus program that is more of a rescue program. We rescue banks and city and state programs. We gave away money to the auto industry. We have a program for homeowners.
Will we ever be able to function without repeated stimulus programs? All these monies were borrowed with future taxpayers as debtors.
How can we refuse to raise our taxes? But are we willing to saddle our great-grandchildren and their great-grandchildren with this enormous debt of our doing? Let the good times roll.
John Fedorow
Spotsylvania