Thursday, April 16, 2009

One would, wouldn't one?

Obama's $3.6 trillion budget, according to the Congressional Budget Office, will expand our national debt so that it will exceed 82% of the overall economy by 2019. "This clearly creates a scenario where the country's going to go bankrupt. It's almost that simple," said Senator Judd Gregg of New Hampshire, the senior Republican on the Senate Budget Committee. "One would hope these numbers would wake somebody up." One would, wouldn't one?

"Obama's budget plans require massive borrowing, report finds." The Dallas Morning News; March 21, 2009; p. 12A.

No comments: