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March 5, 2010
$1 Trillion
Topics: Political News and commentariesThat's the amount of average annual deficit that the CBO now says President Barack Obama's budget will lead to for the next decade."
And that's not counting Medicare's $38 trillion unfunded liability and before the nation is soaked with the trillions Obamacare could actually end up costing $2.3 trillion over the same period.
All I can say is that our great great great grandchildren had better have some fantastic incomes to be able to afford the incredibly high taxes they're going to have to pay, just to make the payments on the interest on the deficit.
Posted by Richard at March 5, 2010 5:30 PM
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