The Cost To You and Your Heirs

All of us will be forced to pay for President Obama’s record-setting budget increases-as will our children and grandchildren.

By 2019, President Obama’s budget will have added over $9.4 trillion to the federal debt.

American will be responsible for not only paying the principal on President Obama’s budget, but will also have to shoulder the interest payments.

* If you’re a 50-year old-with a college degree, you will pay approximately $81,000 over your working life just to pay the interest on the debt in the Obama budget.

* If you’re a 40-year-old, you’ll pay $132,000.

* And if you’re a 20-year-old, just starting out after college, you will pay a whopping $114,000 just to service the interest on the debt created by the Obama budget.

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One Response to “The Cost To You and Your Heirs”

  1. wander-rant Says:

    Since the culture (re: population) in America is being designed to change from European to be comprised of those largely from Latino, Asian and African nations, now the Euro-Caucasian former majority can sit back and enjoy the many percs of minority status and also enjoy the fruits of others labor. Let the new “citizens”, legal or not, pay off Obie’s mounting debt. The Euro-Caucasians will find creative ways to avoid the punitive tax designed just for them and succeed in dumping the load right back on to those for whom it was meant to support.

    The current administrations diabolical reverse racism plan will blow up in their own faces.

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