Thursday, April 5, 2012

Obama's Budget: 'Interest Payments Will Exceed Defense Budget' in 2019

 The Weekly Standard LLC

 12:36 PM, Apr 5, 2012 • By DANIEL HALPER

The latest chart from the Senate Republican Budget Committee, pointing out that under President Obama's budget, the U.S. government will be spending more in 2019 to pay the interest on the national debt than it will be to defend America:

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