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2009-07-16 19:35:59
ATG
Banned
+5,233|6936|Global Command
http://cboblog.cbo.gov/?p=328


The Congressional Budget Office is nonpartisan.


"...in fiscal years 2009 and 2010, the federal government will record its largest budget deficits as a share of GDP since shortly after World War II. As a result of those deficits, federal debt held by the public will soar from 41 percent of GDP at the end of fiscal year 2008 to 60 percent at the end of fiscal year 2010. This higher debt results in permanently higher spending to pay interest on that debt."


Scary stuff.
It doesn't matter who gets elected next. The money is being spent now.
2009-07-16 19:39:14
Harmor
Error_Name_Not_Found
+605|6955|San Diego, CA, USA
The CBO got the full 1018-page Healthcare bill at 12 midnight and then were expected to have fully read the bill by that morning.

The testimony in commitee was terrible as the CBO representative didn't have enough time to read the bill.  I don't understand how this could be legal how bills are being pushed this fast though congress with our representatives voting on bills that don't even have their ink dry (i.e. adding 300 pages at 3am in the morning and not providing a public version of the bill for at least 72 hours).
2009-07-16 20:09:31
Catbox
forgiveness
+505|7123
They are slamming through as much as they can... If they give people a chance to look at the bills and crazy ideas, they wouldn't have any chance of passing them.
Love is the answer
2009-07-16 20:38:39
(T)eflon(S)hadow
R.I.P. Neda
+456|7236|Grapevine, TX
Insane.
Trying to fix one problem, health care, with only one option.
Way,
to,
go.
Only cost you and me and your kids, and our grandchildren, and their kids 10 lil trillion USD. It's OK we just need to print more. We have to Spend more Money to get out of Bankruptcy. Didn't you know? Spoiler (highlight to read):
That is one Amazing Vice President! Wow I couldnt have picked a better one myself.

So lets absolutely, kill our economy, our way of life, our freedom, our sense of patriotism, and put us all in debt. Oh yea, let's break Campaign promises, too. No tax hikes of ONE AMERICAN FAMILY> RIGHT Live in New York? Your taxes could reach 57%, yes you'd have to be a millionaire, but that's what it might cost you for your success. That's right, fuck you Mr Successful!

Unless, as Pres. Obama stated, " No one get's a free lunch."  Wat? Every school in America has programs for a "free lunch". Sheez /facepalm.  Maybe they didn't at his elementary school where the taught him about the 57 United States of America.
This Administration is ripping up the Living Document he has sworn to UPHOLD and DEFEND. The U.S Constitution.

Mofo needs to read it again, and all of his Staff...

/steps off the soapbox
2009-07-16 20:53:13
(T)eflon(S)hadow
R.I.P. Neda
+456|7236|Grapevine, TX

ATG wrote:

It doesn't matter who gets elected next. The money is being spent now.
Naw, the Stimulus $$ that has been passed into law, has only been distributed 10%. The othe 90% in 2010. Way for a tranparent Change.



I really wonder why the Obama supporters are from bf2s? They are like crickets in the night, about all of the goings-on-in America...

Voter's remorse I suppose.
2009-07-16 21:09:25
Spark
liquid fluoride thorium reactor
+874|7082|Canberra, AUS
So lets absolutely, kill our economy, our way of life, our freedom, our sense of patriotism,
...
The paradox is only a conflict between reality and your feeling what reality ought to be.
~ Richard Feynman
2009-07-16 21:26:40
ATG
Banned
+5,233|6936|Global Command

Spark wrote:

So lets absolutely, kill our economy, our way of life, our freedom, our sense of patriotism,
...
I cannot ascertain your opinion from your post good sir.
2009-07-17 14:05:04
Red Forman
Banned
+402|5807
Well, I think we can all agree the US government is full of idiots.  But, this is funny and sad at the same time.



Treasury cancels plans to hire cartoonist

http://news.yahoo.com/s/ap/us_treasury_cartoonist

"Of all the agencies, the Bureau of Public Debt should know that there is very little that is funny about today's economic conditions,"

 

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