Why hasn’t the government refinanced the national debt?
We will pay over $500 billion dollars in interest on our outstanding debt this year, money that could be used on domestic programs. Interest rate on long term treasury notes are less than 2% today. Why can’t we exchange older high interest debt for current low interest bonds and notes? We could save billions of dollars in annual interest payments
IWe The People would really like an explanation, please. Not just the canned reply.
Keep up the great work. Look what you've accomplished!
grab this widget
for your site or blog
Make a difference for the issues you care about while adding cool interactive
content. Your readers sign without ever leaving your site. It's simple, just choose
your widget size and color and copy the embed code to your site or blog.