Tuesday, August 2, 2011

The “deficit reduction plan”

So we’re going to spend 2.4 trillion in just over a year… and “pay” for it with 2 trillion in spending cuts(maybe, if the panel feels like it and depending on how much fuzzy math they can cook up) over 10 years. This “deficit reduction plan” itself is a huge deficit expenditure. How serious can congress be when tackling the debt problem by adding more debt?

No comments:

Post a Comment