Originally Posted by mlyonsd
Not enough to cover interest payments on the debt and entitlement payouts once we have to borrow at higher interest rates a stronger economy brings.
Like we've discussed before, the tax increase just signed into law on rich folk doesn't even cover interest payments. Hole gets deeper.
Bush tax cuts for the majority are permanent. Hole gets deeper.
Do you agree without budget surpluses the hole gets deeper? When do you project we'll run into $500-$600B surpluses unless spending is cut?
Next, we shall read an article from "republican" Charlie Crist arguing that Obama was the correct choice in 2012.