Monday, July 01, 2013

Don’t be Fooled: Uncle Sam Is Still Bankrupt

Don’t be Fooled: Uncle Sam Is Still Bankrupt | Cato @ Liberty:
"The latest excitement has been caused by the recent Congressional Budget Office study detailing new budget projections.
The federal budget deficit this year will be “only” $642 billion.
That’s one-sixth of total federal outlays and 50 percent higher than that pre-Obama record deficit in 2008"

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