If there is no action, the debt will compound at a substantial rate in relation to GDP.
FORBES: It's a Long Way from Wrong to Right
The notion that debt could compound without eventual higher taxes for everyone, not just the few, is a distraction, one that will destroy economic freedom.
FORBES: Still Standing~ Can We Survive The Next Big Government Distraction?
For some students, the concept of accrued interest on debt is as foreign as compound interest on savings.
FORBES: 13 Financial Tips For College Kids
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