Join Date: Jul 2002
Location: An Investment Bank
Well, found out today that a lot of the fluff questions got voted out and that my question got the most votes. During the formal Q&A portion, I will be asking him:
One of the greatest dangers facing the US is the level of national debt and the rapidly expanding deficit. Our latest budget deficit is $1.5 trillion and the privately and publicly held debt level is approximately $12 trillion, representing 80% of GDP. If we include unfunded liabilities, such as Social Security & Medicare, this number skyrockets to $60 trillion. If this situation is correctable, what steps need to be taken to remedy the problem?