ok, let's take a look at the deficits...
from 2001 to 2005, the national debt has increased by $2.1 Trillion. that's an almost 30% increase in the national debt during the bush presidency.
currently the debt service on this debt is just over 20% of the budget. guess what happens as interest rates go up...
"ka-boom" might be correct. debt service will blow up federal finances.
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