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Well, that went over like a

Well, that went over like a lead balloon!

I'm sending in my $50 this morning. I'll leave the challenge open though - add a comment here if you would like me to match your contribution to reduce the federal debt; I'm happy to do it.

Note that paying down the debt reduces future expenditures of the federal government since it eliminates interest payments on the amount reduced. On the other hand, perhaps we all have better things to do with our money at the moment that return greater value to society - the interest rate charged on US debt right now is not that high. Of course, it could get higher and become much more of a problem if we don't address it at some point. But perhaps now is not the time.

But anybody who thinks it is time, just drop in a comment here on what you'll do about it, and I'll go along. Thanks!

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