Michael Synder * Economic Collapse Blog When you add maturing debt to the new debt that the federal government is accumulating, the total is quite eye catching. You see, the truth is that the U.S. government must not only borrow enough money to fund government spending for this year, it must also "roll over" existing debt that has reached maturity. Of course the government never actually pays any of that debt off.
via Before It's News | NEWS http://beforeitsnews.com/economics-and-politics/2013/07/u-s-govt-will-borrow-close-to-4-trillion-dollars-this-year-2454902.html http://beforeitsnews.com/home/featuredlist/featured.html
via Before It's News | NEWS http://beforeitsnews.com/economics-and-politics/2013/07/u-s-govt-will-borrow-close-to-4-trillion-dollars-this-year-2454902.html http://beforeitsnews.com/home/featuredlist/featured.html
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