The Crushing Weight of Washington's Debt: A Threat to the Economy, a Wake Up Call for Nature The national debt has ballooned to nearly $40 trillion, eclipsing economic concerns with ecological implications that cannot be ignored.
The explosion in interest expense on our nation's debt has far reaching consequences, affecting not only the economy but also the natural world.
Recent budget reviews from the Congressional Budget Office reveal a staggering 14% increase in carrying costs over the past 10 months, with interest now outpacing Social Security and Medicare as the second largest budget cost.