Government Debt Is Out Of Control

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Steve Odland appeared on Fox Business Network’s Cavuto show on December 2, 2014 to discuss the $18T in public debt.  Without entitlement reform, our debt will grow from its current level of 75% debt/GDP to over 100% and all of the federal discretionary spending will go to paying the interest on the debt.  Every dollar of debt is a future promise to pay.  Stated differently, this generation of retirees are going to leave Millennials with an untenable amount of debt.

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