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retired benefits major hike
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<blockquote data-quote="vantexan" data-source="post: 1936207" data-attributes="member: 24302"><p>It's the Federal debt, not the deficit. The deficit is the difference between what we take in and what we spend. The servicing of our debt is taking a greater and greater percentage of our Federal spending. There will come a point where we can no longer afford various programs as there won't be any money for them. Or we'll keep going further into debt until the Dollar collapses. How does the situation in Texas justify continuing to increase the debt?</p></blockquote><p></p>
[QUOTE="vantexan, post: 1936207, member: 24302"] It's the Federal debt, not the deficit. The deficit is the difference between what we take in and what we spend. The servicing of our debt is taking a greater and greater percentage of our Federal spending. There will come a point where we can no longer afford various programs as there won't be any money for them. Or we'll keep going further into debt until the Dollar collapses. How does the situation in Texas justify continuing to increase the debt? [/QUOTE]
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