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twitterLetter: U.S. racking up interest charges
Friday, July 27, 2001 | 4:42 a.m.
So the national debt is fully funded according to letter writer J. D. Dooley (July 24). The $5.7 trillion debt requires annual interest payments of more than $362 billion (fiscal 2000). Isn't this similar to paying the minimum payment on your credit card statement and adding increasing interest charges?
W. R. LONG
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