90% of GDP
Sure, THAT's fiscally sound.
President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.
Hey Liberals, whining about the cost of Iraq! Suck it!
President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.
Hey Liberals, whining about the cost of Iraq! Suck it!
Labels: Stupid Government, Stupid Liberals, The Economy, World politics
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