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To: quesney

The national debt is now so large, it would take, per household, a tax increase the size and duration of a mortgage to pay off....if the borrowing were to stop immediately.


10 posted on 12/31/2012 4:17:57 PM PST by SENTINEL (I lie, I cheat, I steal, I communize, I sacrifice unborn babies, I'm Harry Reid and I'm a mormon)
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To: SENTINEL

Just the tip of the iceberg. Add up ALL unfunded liabilities from all levels of government and the number is closer to 140 TRILLION, a number so large as to be comical. Not enough money on the planet to make a dent in that.


27 posted on 12/31/2012 5:11:09 PM PST by Kozak (The Republic is dead. I do not owe what we have any loyalty, wealth or sympathy.)
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