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08-09-2009, 11:26 AM #1
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Deficit, Debt Seen Spiraling Out of Control
Deficit, Debt Seen Spiraling Out of Control
Thursday, August 6, 2009 10:36 AM
By: Dan Weil
If you think the budget deficit and national debt are in bad shape now, you ain’t seen nothing yet.
So say Alan Auerbach, an economist at the University of California, Berkeley, and William Gale, vice president of the Brookings Institution.
“By 2019, even if everything goes the way the Obama administration wants, and the economy recovers and grows steadily over the next decade, the deficit will be 5.5 percent of GDP,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
BORDER INSANITY: Illegal Immigrants Now Working With Criminal...
05-11-2024, 09:19 AM in illegal immigration News Stories & Reports