I think you have another chart, if I am correct, that talks about what that means in terms of our spending priorities and that while we are spending so much on interest--you do have it--it essentially shows that we are spending more on interest on the debt that we have created than we are on education, on homeland security and on veterans' benefits. And I don't think the American public fully appreciate what those opportunity costs are, that that lack of fiscal discipline has consequences. And, sadly, we are not moving in the right direction as we look at the 2006 budget, which only projects a $423 billion spending deficit, but it is considerably more than that when we factor in AMT fixes, and when we factor in the cost of the war, which we stopped counting in October, even though that is running at $6 billion a week, that we are not even projecting the real deficits, that this chart is going to look worse if we continue down this path.
On the recordMarch 28, 2006
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