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Showing results for tags 'Must Stop this Insanity!'.
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The CBO (Congressional Budget Office) released new projections of a worsening U.S. fiscal outlook....the CBO reports that by the end of this year (2012) cumulative federal debt will be roughly 70% , that's SEVENTY PERCENT, of the gross national product. That is up from 40% in 2008! Projections are, that if something drastic does not happen to change it, that federal debt will be 200% of GDP in just 25 years! Folks, if that doesn't scare you, nothing will. Hello Europe debt crisis...hello Greece, hello Spain, hello Italy.... Good grief......
