CBO Dire Debt Warnings Show Nation's Democrat Future

Antares

A Rooincarnation
Nov 7, 2012
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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.
 
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The consequences will include big hikes in spending on interest payments on the debt when interest rates go back up. That, in turn, would increase the cost of investment and "the capital stock would be smaller, and productivity and wages lower, than if federal borrowing was more limited," the CBO warns.
 
Antares does not bother to tell anyone that the report factors GDP at current rates and not the projected economic growth.

As Cheney said, "deficits don't matter." And as folks take control of their health care, the deficits will drop even more.
 
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Antares does not bother to tell anyone that the report factors GDP at current rates and not the projected economic growth.

As Cheney said, "deficits don't matter." And as folks take control of their health care, the deficits will drop even more.

Sure Jake, debt doesn't matter.

What you CAN'T say is that you support EVERYTHING Obama does....including spending us into oblivion.....but the you voted for him.
 
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It will be funny to watch how the CBO Report will get trashed.
 
Antares does not bother to tell anyone that the report factors GDP at current rates and not the projected economic growth.

As Cheney said, "deficits don't matter." And as folks take control of their health care, the deficits will drop even more.

Sure Jake, debt doesn't matter.

What you CAN'T say is that you support EVERYTHING Obama does....including spending us into oblivion.....but the you voted for him.

Your drool is running down your chin. Tell the truth when you post material.
 
Antares does not bother to tell anyone that the report factors GDP at current rates and not the projected economic growth.

As Cheney said, "deficits don't matter." And as folks take control of their health care, the deficits will drop even more.

Sure Jake, debt doesn't matter.

What you CAN'T say is that you support EVERYTHING Obama does....including spending us into oblivion.....but the you voted for him.

Your drool is running down your chin. Tell the truth when you post material.

Truth would be nice. You constantly insist you're a Republican, yet rush to defend the Democrats in every single thread created that criticizes them while also never missing a beat to bash your own alleged party.

Or have you finally given up the ruse?

And only in your delusional mind is anybody taking control of their health care. :lol:
 
The fact that we are well over $17 trillion in debt is outrageous....
And the media and the country doesn't really seem to care a bit.
This should be the lead story on every news outlet every night....

But what is MSNBC covering 24/7 ..... Christie and bridgegate.
Fox should be more aggressive about it.
 
Antares does not bother to tell anyone that the report factors GDP at current rates and not the projected economic growth.

As Cheney said, "deficits don't matter." And as folks take control of their health care, the deficits will drop even more.

Sure Jake, debt doesn't matter.

What you CAN'T say is that you support EVERYTHING Obama does....including spending us into oblivion.....but the you voted for him.

Your drool is running down your chin. Tell the truth when you post material.

Unlike you Jake I always tell the truth.
 
Most of us know that the ongoing debt is laced with programs from several different presidents and congresses dominated by both political parties.. We all know this,,right?

Predominately 43 and the Boi King.
 
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.

No. I'll say that you obviously have not read the actual CBO report. Only idiots and conservative hacks take websites such as your source as if were real news. Grow up and learn to read.
 
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.

No. I'll say that you obviously have not read the actual CBO report. Only idiots and conservative hacks take websites such as your source as if were real news. Grow up and learn to read.

Poor old man......run along and take a good shit.
 
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