- Banned
- #1
Big Government: The Congressional Budget Office warns of a terrifying, unprecedented level of national debt in the coming decade. That fits nicely with Democrats' objectives, but not with our nation's founding principles.
more....
The CBO's new budget projections contain an eerie warning that we are on path from today's already unfathomable $17.7 trillion in gross federal government debt to more than $27 trillion in 2024. This in spite of finger-crossing projections of tax revenue over the next decade exceeding its 40-year average as a share of GDP.
Debt will reach 78% of GDP by 2024, CBO warns, which is double the 39% average of the past 40 years.
RealClearMarkets - CBO Dire Debt Warnings Show Nation's Democrat Future
You Lefty's.....you will say so what.
more....
The CBO's new budget projections contain an eerie warning that we are on path from today's already unfathomable $17.7 trillion in gross federal government debt to more than $27 trillion in 2024. This in spite of finger-crossing projections of tax revenue over the next decade exceeding its 40-year average as a share of GDP.
Debt will reach 78% of GDP by 2024, CBO warns, which is double the 39% average of the past 40 years.
RealClearMarkets - CBO Dire Debt Warnings Show Nation's Democrat Future
You Lefty's.....you will say so what.