"The government is living far beyond its means. The deficits it racks up year after year impede economic growth, burden future generations and force the United States to rely on foreign governments and investors. Since Mr. Bush took office, foreign holdings of U.S. debt have grown from 30% to 43% of the total, and 90% of the new debt has been purchased by foreigners. As the government has to pay more interest on its debt, it has less for healthcare, education and other programs. ... How do Mr. Bush and all the lawmakers who have enabled his irresponsibility plan to explain that to the grandchildren?"