Budget 2011: Why Our Debt Matters

Conn Carroll / January 04, 2010

Interest. Or to be more precise, interest payments. That, Heritage Senior Fellow J.D. Foster explains, is the biggest reason why Americans should be very concerned with the trillions of dollars in debt our federal government is piling up in Washington. Watch:

And the situation is only going to get worse under President Barack Obama’s budget. Heritage Foundation fellow Brian Riedl reports: (more…)