A grim warning cry on soaring US debt

[NeverEndingMe]

wake up you obama fucktards ... time to pull your head out of your ass (SeanR, UD, Merc, Rob, KingofAssTards, CowpooSlinger .....

lets face it, if you are the obama kind then you are mentally retarded. you obama kind need to put that the moonAssPie and join us back in reality. obama is a failure. UD, Rob, SeanR you and your kind are failures. KingofAssTards - you are the supreme failure fucktard.

President Obama’s self-congratulatory State of the Union message last week made it sound like our nation’s problems are behind us. But on Tuesday the nonpartisan Congressional Budget Office set the record straight with a blistering warning.

The CBO cautioned that America’s unaffordable public programs and crushing debt will condemn us to anemic economic growth.

Total federal debt will reach $22.3 trillion by 2020. Unsustainable, says the CBO — especially when now-low interest rates return to normal.

Don’t count on spendaholics in Congress to take this warning seriously. Sen. Chuck Schumer (D-NY), for example, responded to the CBO by boasting about this year’ s $468 billion federal deficit — the smallest since Obama took office — and smirking at “Republican rhetoric about ‘a big government’ boogeyman.”

Sorry, senator. The CBO predicts you won’t be seeing deficits that small again except in the rear-view mirror. By 2020, the deficit will nearly double, as federal spending reaches a staggering $4.8 trillion.

Worst of all is this new CBO prediction: Some 9 million to 10 million people will lose their employer-provided coverage in the next three years. Some will wind up on Medicaid, others in subsidized exchange plans.

http://nypost.com/2015/01/29/a-grim-warning-cry-on-soaring-us-debt/?utm_source=Sailthru&utm_medium=email&utm_term=NYP%20180%20Day%20Openers%20and%2030%20Day%20Signups&utm_campaign=NY%2520Post%2520Newsletter

 

[NeverEndingMe]

I know that you obama kind love to keep your head in the sand ... and have this fantasy that the nations debt is shrinking but you obama assholes are spending money like bill clinton in a whore house

carry on, you obama slaves as we can't expect for your mentally fucked retard ass to human up and do the right thing ...