Betsy, re that Obama budget projection of $25.4 trillion in federal debt, this story seems pertinent:
Springfield’s budget director says the city is out of options to be reimbursed for expenses associated with hosting then-Sen. Barack Obama’s presidential campaign stop in the fall of 2008.
And not just any campaign stop but the one that gave us the dream ticket:
Obama introduced his running mate, Joe Biden, at the Old State Capitol in August 2008. About 160 police officers and nine civilians helped provide protection for Obama’s visit, according to an invoice from the city.
Obama’s presidential campaign was sent a bill for $68,139, but still owes $55,457.
The city has tried for years to collect.
Obama doesn’t need a plan to reduce that $25.4 trillion because he feels no serious compunction to pay it back, any more than he feels he has to pay that $55,457 back.
When the world figures that out, there goes the dollar, and there goes America.