Calling John Galt

We have been trying to reach him for quite some time.

Who is on the hook for all that money

without comments

This is getting expensive:

The deficits projected for the next decade and beyond are unprecedented. According to an assessment released in March by the Congressional Budget Office (CBO), the president’s budget implies that deficits will average 5.2% of GDP over the next decade and will be 5.5% of GDP in 2019. Without the president’s proposals, the budget office forecasts a 2019 deficit of only 2% of GDP.

Written by Nathan K.

September 8th, 2009 at 7:18 pm

Posted in Uncategorized

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