Wednesday, March 11, 2015
Just in from Moscow
Crapo Addresses Latah County Farm Bureau
Moscow--More than 20 Latah Farm Bureau members attended Senator Mike Crapo’s talk on the national debt situation in Moscow last weekend. The Senator show Congressional Budget Office graphs on gross federal debt, federal deficits and projections on future interest payments on the federal debt.
The CBO is projecting that interest on the federal debt will surpass federal spending on defense by 2025 to the tune of about 850 billion. In 2025, interest on the federal debt is also projected to exceed non-defense spending.
(Leticia Scott photo)
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