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U.S. marks 3rd-largest, single-day debt increase
washington times ^ | 7/8/10 | Stephen Dinan

Posted on 07/07/2010 10:40:24 PM PDT by Nachum

The nation's debt leapt $166 billion in a single day last week, the third-largest increase in U.S. history, and it comes at a time when Congress is balking over higher spending and debt has become a key policy battleground. The one-day increase for June 30 totaled $165,931,038,264.30 - bigger than the entire annual deficit for fiscal year 2007 and larger than the $140 billion in savings the new health care bill will produce over its first 10 years.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: 3rdlargest; debt; increase; singleday

1 posted on 07/07/2010 10:40:30 PM PDT by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 07/07/2010 10:41:23 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

“larger than the $140 billion in savings the new health care bill will produce over its first 10 years.” Savings my a$$.


3 posted on 07/07/2010 10:56:38 PM PDT by anoldafvet (Bread lines or Assembly lines, your vote, your choice)
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To: Nachum

With all of the trillions being spent, I have seen no tangible change evidence of the spending. At least when Roosevelt was digging us into a hole you’d see giant public works projects, giant military gear being constructed etc. Barry just seems to directly purchase votes with the money, but there’s no benefit to the public at large. The trilliion dollar stimulus just seemed to buy the fortunate few a year’s worth of spending money, but we’re back to square one. Barry is probably laying in bed right now thinking “maybe if I just double down on the trillion we just spent, we can spend our way to recovery. Worst President ever.


4 posted on 07/07/2010 11:05:47 PM PDT by purplelobster
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To: anoldafvet

Oh come now! We’re in good hands. Barry got that email from Nigeria. We are saved!


5 posted on 07/07/2010 11:22:33 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: Nachum

Not to worry.

There’s always tomorrow, which’ll be even larger than today’s debt.


6 posted on 07/07/2010 11:27:30 PM PDT by benewton
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To: Nachum

Bush


7 posted on 07/07/2010 11:28:08 PM PDT by element92
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To: Nachum

Stick a fork in DC, its well done.


8 posted on 07/07/2010 11:29:43 PM PDT by justa-hairyape
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To: Nachum

Be sure to send your “Thank you” cards to the current idiotPOTUS.....oh wait, they will come out long before your “Thank you” cards arrive at the White House and blame .... Bush. My bad.... =.=


9 posted on 07/07/2010 11:34:53 PM PDT by cranked
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To: Nachum

Do your frakin homework, Dinan......your alleged “ and larger than the $140 billion in savings the new health care bill will produce over its first 10 years” has already been REVISED and UPDATED by the, you guessed it, the same ones who came out with the alleged deficit savings.....CBO. ObamaCare is in the negative, Mr. Dinan.....get with the program or perhaps your editor should post a stickum on his/her forehead that reads “IDIOT”.....=.=


10 posted on 07/07/2010 11:38:13 PM PDT by cranked
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To: anoldafvet
We're in deep, deep economic trouble. And these liberals are going to friggin' sing and dance along, all the way, as they dance off a cliff.

WAKE UP AMERICA!


THE_THRILL_IS_GONE_276e

11 posted on 07/07/2010 11:50:51 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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