Congress and the White House are determined to put an end to the nation through a combination of exorbitant borrowing and insane spending

Borrowing, Spending and Regulating, Oh my!

By Alan Caruba
Wednesday, July 15, 2009

It sometimes seems to me that the Congress and the White House are determined to put an end to the nation through a combination of exorbitant borrowing and insane spending.

At the end of May, an article in USA Today reported that “The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.â€