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The Jan. 6 Tribune discussed how the Republican and Democratic Parties planned to use the budget surplus that hasn’t even occurred yet.
We now have a national debt of $ 5.4 trillion. The interest on this comes to about $27 billion a month. If we were to treat this like a mortgage, paying an extra $2.71 billion per month, we could pay this off in 40 years. What better gift could we give ourselves and our children? Surely, it would be better than a small tax reduction or a small increase in entitlements next year.
