Posted by: arnegrim | April 21, 2011

Government continues to pile up debt

“…The president and Republicans have both offered plans for bringing down the deficit, but vast differences exist over how to do so. The president is calling for $4 trillion in deficit reduction over 12 years, through a combination of spending cuts and tax hikes on the wealthy, while House Republicans have passed a plan that would reduce the deficit by nearly $6 trillion in a decade, in part by overhauling Medicare and Medicaid…”

http://news.yahoo.com/s/ap/us_obama

Considering the government is adding over $1 TRILLION a year to our deficit… and they struggle to (fake) cut $38 BILLION from the yearly budget… I don’t believe EITHER plan will do anything to reduce the deficit.

(fake) cuts http://www.commentarymagazine.com/2011/04/12/government-shutdown-its-not-over-yet/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter

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