The National Debt is Our Most Serious Crisis; Inability to React Reveals DC Incompetence

"Why is it that the American people seem to fail to understand how ruinous our national debt truly is, and what an astounding percent of our national budget we are now spending on servicing that debt? Former Pennsylvania Governor Ed Rendell has penned an op-ed which presents some eye-opening statistics as to just how bad our national debt really is. By next year, the cost of servicing the national debt (paying interest on it), will exceed the cost of Medicare. By 2025, it will exceed the cost of our military spending, making it the most expensive item in our entire national budget!"