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Federal deficit stress

The United States owes investors nearly $8 trillion. That number could more than double in a decade. The projected growth of the federal debt is widely viewed as unsustainable. It's unlikely that the nation will ever default, but neither is that any longer unthinkable. Read more.

By Jodi Westrick  |  December 8, 2009; 9:49 AM ET  | Category:  National Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati  
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We just read that tens of millions worth of dollars in functioning equipment will be left in Iraq because it is too expensive to ship it to Afghanistan. What is going on here? Does anyone except me remember when we started the Iraqi war we were told the war would pay for itself? Through oil, I suppose. All our administration wants to do is spend, spend, spend.

Posted by: drzimmern1 | December 8, 2009 2:25 PM

We just read that the the administration has been a frugal steward of the bank bailout money.

The program, originally authorized for $700 billion, is now estimated to cost the taxpayer $40 billion or less. The banks remain open, the people who work there have jobs and the deposits of that ordinary, working people have entrusted to them are safe.

We just read that many of the investments in American banks through the TARP program, the American people will actually make a profit.

I am proud of our president and our government employees. We have not enjoyed such effective administration of American government in a long, long time.

That these everyday Americans who work for the public have to endure half-truths, innuendo and ignorance on such a wide and pervasive scale just makes their achievements that much more impressive.

Posted by: 1EgoNemo | December 8, 2009 3:12 PM

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