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  1. 07-20-2009, 04:02 PM #1
    AirborneSapper7
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    CBO: U.S. Debt At Danger Level

    CBO: U.S. Debt At Danger Level

    Monday, July 20, 2009 9:38 AM

    By: Julie Crawshaw

    A new report from the Congressional Budget Office said the government simply can’t continue going on the way it has been — at least not under current law.

    Federal debt will continue to grow much faster than the economy over the long run, and rising costs for health care for an aging population only will make matters worse.

    “Unless revenues increase just as rapidly, the rise in spending will produce growing budget deficits,â€
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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  2. 07-20-2009, 04:02 PM #2
    AirborneSapper7
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    CBO: U.S. Debt At Danger Level

    CBO: U.S. Debt At Danger Level

    Monday, July 20, 2009 9:38 AM

    By: Julie Crawshaw

    A new report from the Congressional Budget Office said the government simply can’t continue going on the way it has been — at least not under current law.

    Federal debt will continue to grow much faster than the economy over the long run, and rising costs for health care for an aging population only will make matters worse.

    “Unless revenues increase just as rapidly, the rise in spending will produce growing budget deficits,â€
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
    Reply With Quote Reply With Quote
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