Big Government, High Taxes, and Rising Debt: America’s Fiscal Crisis Explained Ch.1 | HISPBC

Hoover Fellow, John Cogan, details how interest payments on federal debt alone will account for 40% of personal income tax revenues in only the 10 years, leaving the United States unable to fully fund our national defense and fulfill its social safety net obligations.
Be sure to visit The Hoover Institution at www.hoover.org/ and PolicyEd at www.policyed.org/
Check out more from John Cogan:
Watch "Factors that Promote Economic Prosperty" with John Cogan. Available here:
www.policyed.org/policy-brief...
Watch "The Negative Effects of High Taxes" with John Cogan. Available here:
www.policyed.org/policy-brief...

[@GuitarZombie]

Including the military is a must

[@maryannebphillips9124]

Has the foreign aid embezzlenent been included?

[@ywtcc]

If you're against debt, shouldn't you be for the taxes required to pay it back?

[@DouglasLippi]

You lost me with "public service is rewarding."

[@faza553]

To be governed is to be at every operation, at every transaction,

[@WyattEmge]

If you want to be relevant today definitely dont be giving a pop quiz five minutes in 😂

[@keithblume5159]

We need to send less money overseas and increase tarrifs on imports