CBO another reports another $1 trillion deficit

It is enough to make one ill.

Politico:

The government faces a fourth year of trillion-plus deficits in 2012, according to new projections released Tuesday—numbers which also show little relief in the future unless Washington comes to grips with needed changes in its tax and spending policies.

Like Aunt Cassandra coming down from the attic, the Congressional Budget Office steps squarely into the 2012 campaign season with the 147-page report which might have been subtitled “It’s not just the economy stupid, it’s also the debt.”

Read more: http://www.politico.com/news/stories/0112/72205.html#ixzz1l4LbX8qh

 

 

About Chuck Norton

I write about politics, education, economics, morality and philosophy.
This entry was posted in 2012 Primary, Budget, Obama and tagged , . Bookmark the permalink.

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