The One Number You Need to Know in O’s Budget

By Kevin D. Williamson

Here’s the number to keep in mind: $763 billion.

If enacted, Barack Obama’s latest budget would mean that in just ten years, interest payments alone on the national debt would begin pushing the trillion-dollar mark: $763 billion a year by 2023. That may be a rosy estimate: It assumes that interest rates, currently near historic lows, do not rise a great deal over the next ten years as the Treasury continues to pile up new debt. If interest rates do climb a bit higher — not even to their historical average, but higher than they have been of late — then those interest payments easily could be more than $1 trillion a year.
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Illegal immigration robs the poorest Americans

Tom Tancredo covers study showing how native-born workers suffer wage loss

America needs more low-skilled immigrants like Chicago needs more gun laws. But you wouldn’t know that listening to the debate on comprehensive immigration reform.

The next amnesty bill ought to be titled, The American Worker Impoverishment Act of 2013.
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