In February 2011, President Obama delivered to Congress a $3.729 trillion budget proposal for fiscal year (FY) 2012. Interest on the deficit in FY 2021 ($928 billion) will almost match the amount spent on national security ($1.039 trillion).
In February 2011, President Obama delivered to Congress a $3.729 trillion budget proposal for fiscal year (FY) 2012. Interest on the deficit in FY 2021 ($928 billion) will almost match the amount spent on national security ($1.039 trillion).