The Mudcat Café TM
Thread #128475   Message #2886922
Posted By: GUEST,Guest from Sanity
14-Apr-10 - 11:43 PM
Thread Name: BS: Obama disappoints again
Subject: RE: BS: Obama disappoints again
"By Richard Wolf, USA TODAY
WASHINGTON —
It won't be the last threat Bowles gets this year as he directs an 18-member, bipartisan commission through an ocean of red ink that has never been deeper or more foreboding.

Under Obama's budget plan, the USA's debt in 2020 would be nearly the size of the entire economy then. Interest costs would be $900 billion, five times today's level."

Sorta' stupid, huh?

GfS