Obama Shatters Spending Record for 1st -Year Presidents
on the US Debt Would Buy: The total $383 billion in interest on the federal debt would pay for slightly more than half of the Defense departments budget ($674.7 billion in FY2008). It would pay for just shy of half the annual budgets of Treasury ($751.2 billion) and Health and Human Services ($721.7 billion). The $383 billion would cover the budget for the Dept. of Energy about 15 times over! And how many government agency budgets could you pay for with $383 billion? The $383 billion ...
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