10 Sobering Facts About the National Debt

6. Only Way Out

The only way out of this mess is to slash government spending, balance the budget, and begin to pay our debt. Unused federal property can be sold off to help fund the unfunded federal liabilities and yearly payments can be made to those we’ve borrowed from. But the cuts have to be dramatic and immediate. 30 year budgets are useless, as future Congresses and Presidents are not bound to follow them. We need a plan that balances the budget with four years.

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