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GOP Budget: No More Color Copies for the Pentagon

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RogueOne4/05/2011 12:08:58 pm PDT

re: #179 engineer dog

unless the percentage of the federal budget that we spend on debt service goes over the 10% that it reached for a couple of years after reagan’s large tax cuts and increases in military spending, i’m not going to accept that our “debt situation” is any more “serious” than it has been for the last few decades

We’re at that point, worried yet? The last numbers I can find are for 2008 and the number was 8%. Currently our debt is running at almost 90% of GDP making Reagan (65%) look like a skin-flint.