Budget deficits

The federal government is borrowing money at a fantastic rate. As of right now, the American taxpayers are paying a rate of 40 cents for every dollar they spend. It is a wonder how much longer we can go on paying these types of charges on our money. The budget is out of control and needs to be trimmed in a serious way.

The congress is still debating a balanced budget amendment and things are not looking good. The republicans and democrats are auguring over what items need to be trimmed. I say that all items should be on the table and the budget should be balanced as soon as possible.