New fears arise surrounding interest rates and our expanding national debt as experts worry that a rise in interest rates, even only by one percent, could cost the government an additional $170 billion annually. As the debt continues to increase on pace to hit 65 percent of GDP by the end of fiscal year 2010 and possibly 82 percent of GDP in a decade, the government will have to struggle to finance its debt in the global marketplace, where higher interest rates mean much higher costs.

Click here to read the article.