Page 2 - Disaster Cost News Today : Breaking News, Live Updates & Top Stories | Vimarsana

show you a rough breakdown of the federal budget. roughly 17% included the spending freeze. this is the frozen amount here. this is social security. that s not frozen. medicare, medicaid, other mandatory programs from here to here, you can t touch anything. here is the net interest. here is your disaster cost. this is what the discretionary this is turtle tunnels here. this is frozen. that is 83%. from here to here, 83% to balloon out of control can. all of the non-frozen areas are going to increase. what about the $787 billion we borrowed for the stimulus? the interest on our debt alone will send us into a tail spin in the coming years. according to government estimates, for 2011, our net interest on our federal debt is roughly $250 billion. by 2016, it s $627 billion.

Social securitySpending freezeDisaster costTurtle tunnels87 billion787 billionTail spinGovernment estimates50 billion250 billion627 billion27 billion