Disagreeable
Well-known member
- Joined
- Jul 4, 2005
- Messages
- 2,464
- Reaction score
- 0
The Republican Party has given up their claim to that title. Those "Conservative" Republicans have spent and spent and spent. Excerpts; link below.
"The comptroller general of the United States is explaining over eggs how the nation's finances are going to hell.
"We face a demographic tsunami" that "will never recede," David Walker tells a group of reporters. He runs through a long list of fiscal challenges, led by the imminent retirement of the baby boomers, whose promised Medicare and Social Security benefits will swamp the federal budget in coming decades."
"Without major spending cuts, tax increases or both, the national debt will grow more than $3 trillion through 2010, to $11.2 trillion - nearly $38,000 for every man, woman and child. The interest alone would cost $561 billion in 2010, the same as the Pentagon."
http://news.yahoo.com/s/usatoday/afiscalhurricaneonthehorizon;_ylt=Ap7cfF3_3A6j_kaom6tI3pmMwfIE;_ylu=X3oDMTA3OXIzMDMzBHNlYwM3MDM-
"The comptroller general of the United States is explaining over eggs how the nation's finances are going to hell.
"We face a demographic tsunami" that "will never recede," David Walker tells a group of reporters. He runs through a long list of fiscal challenges, led by the imminent retirement of the baby boomers, whose promised Medicare and Social Security benefits will swamp the federal budget in coming decades."
"Without major spending cuts, tax increases or both, the national debt will grow more than $3 trillion through 2010, to $11.2 trillion - nearly $38,000 for every man, woman and child. The interest alone would cost $561 billion in 2010, the same as the Pentagon."
http://news.yahoo.com/s/usatoday/afiscalhurricaneonthehorizon;_ylt=Ap7cfF3_3A6j_kaom6tI3pmMwfIE;_ylu=X3oDMTA3OXIzMDMzBHNlYwM3MDM-