Posted by: ANS July 27, 2011
15 Trillion Dollars (US Debt) - visualize it.
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US is heading toward serious disaster. This is not a jok - By 2025 (i.e. just in 14 years from now), Medicare, Medicaid Social Security and interest on the debt will suck up virtually all federal tax revenue. Every other national priority -- education, transportation, even national security -- will have to be paid for with borrowed money.

If this is not fixed - by 2040, there would only be enough in federal tax revenue to pay for interest on the debt and little bit left for Social Security. 

How long can US economy go this way?
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