Wednesday, August 26, 2015

US Deficit Will Double In Ten Years

The deficit is estimated to more than double in 10 years, which is projected to push debt held by the public up to 77 percent as a percentage of Gross Domestic Product (GDP), according to Congressional Budget Office (CBO) estimates.

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What's the solution? Steal the SS Trust Fund? Bill Clinton already did that. End Medicare? Screw the retirees?

It ain't gonna be a pretty picture.

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