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From: http://www.federalbudget.com/

In Fiscal Year 2006, the U. S. Government spent $406 Billion of your money
on interest payments to the holders of the National Debt. Compare that to NASA
at $15 Billion, Education at $61 Billion, and Department of Transportation at $56 Billion.

That debt and those payments can all be wiped out if the government issues
money rather than interest bearing bonds.