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You can drill down into various stats related to your debts, such as total debt, debts remaining, total interest paid, total interest saved, debt payoff date and debt payoff time savings, which the app displays in visually appealing charts and reports.
The billions more dollars, he said, represent the interest saved on the cost of financing the goods and services produced for the government.
In all, our plan would give the nation a fiscal-responsibility dividend of $57 billion per year over five years, the interest saved on the debt.
Starting in 2011, Mr. Gore would begin transferring to Social Security an amount equal to the interest saved through reduction of the public debt.
He has proposed extending the life of Social Security until 2054 by devoting the interest saved in paying down the debt to the retirement system.
He would simply use projected budget surpluses to keep the system going until 2050, by paying down national debt and allocating the equivalent of the interest saved to the Social Security system.
Similar(45)
It was devoid of mathematical interest, save for a single concept: the bell curve.
Traditional economic theory held that people simply acted in their best interest, saving what they needed and spending the rest.
Local banks and pension funds had agreed to swap high-yielding bonds for loans paying 7% interest, saving $4.5 billion in debt payments next year.So what triggered the bank run?
Patrick Lynch, the former general manager of the coliseum, has pleaded guilty to one count of criminal conflict of interest, saving himself from a trial and the possibility of a prison sentence.
Indeed, Marcus Welby has practically vanished from American medicine; and if he were still around, he certainly wouldn't want the job of discussing with you what is in your child's best interest, save in a very narrow sense.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com