Top global accounting firm: US debt crisis 'bigger than you think'
By Maxim Lott
Published June 12, 2012
"The debt crisis is likely bigger than you think," a new report issued last week by Deloitte, one of the world's largest accounting firms, concluded.
That's because interest payments add a whole new level of fiscal pain to the country's debt problem. Interest payments on the national debt alone, it noted, are expected to total some $4.2 trillion over the next decade.
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