More debt on the way

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dan_s
Posts: 34697
Joined: Fri Apr 23, 2010 8:22 am

More debt on the way

Post by dan_s »

In the next few days, the House plans to vote on a new $190 billion spending bill. The bill, called the “American Jobs and Closing Tax Loopholes Act,” will add $134 billion in “emergency” deficit spending to our broke nation’s tab. I know $134 billion doesn’t sound like a lot these days, but it’s almost as much as the entire federal deficit for 2007. Look how far we’ve come.

Debt kills
Individuals
Marriages
Families
Small Businesses
Large Businesses
States (California)
Countries (Greece)
and
Once Great Nations

I've never seen anyone spend their way out of debt.
Dan Steffens
Energy Prospectus Group
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