1.25.2011

Staggeringly Dangerous Deficit

From an IBD Editorial by Rep. Kevin Brady -

"Under President Obama, the U.S. has one of the worst budget deficits in the developed world. Our federal debt is exponentially increasing by $54,373 every second.

At this dangerous rate, our debt will be $18.6 trillion at the end of the president's term — an unimaginable explosion of 75% above and beyond the debt accumulated by all of his 43 predecessors combined."

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