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Deficit threat
real for all
To the Editor:
Last week, National Public Radio announced that the national deficit for this year, so far, was $195 billion. This is difly April. For every one dollar of spending cuts proposed by Congress, $22 of spending increases have been proposed so far this year.
Of this deficit, $145 billion went to service our nation’s $4 trillion (that is with a “t”) debt. One trillion equals a million-million.
Of this year’s record deficit, each of us, man, woman and child, owns a $780 share. The interest on the $4
90.2%