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Heading Towards a Bursting of the Government Bubble
Axis of Right ^ | 4/27/2009 | Sal

Posted on 04/27/2009 6:50:29 AM PDT by SalAOR

Yesterday, April 26, was Debt Day, and it was the earliest debt day ever. Debt Day is the symbolic day of the year that Congress runs out of money obtained normally through taxes and revenue, and the day that it has to begin financing its expenditures through debt. This year, it is far earlier than it has been in any time in our nation’s history, a little more than halfway through the government fiscal year which begins every October 1. In contrast, last fiscal year did not see debt day until August 3, over three months later.

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


TOPICS: Government; Politics
KEYWORDS: governmentbubble; nationaldebt

1 posted on 04/27/2009 6:50:30 AM PDT by SalAOR
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To: SalAOR

Hussein’s fault!


2 posted on 04/27/2009 6:52:40 AM PDT by bgill (The evidence simply does not support the official position of the Obama administration)
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To: SalAOR; bgill

Maybe it is but the media will just blame Bush and the GOP anyway.


3 posted on 04/27/2009 6:55:57 AM PDT by mainestategop (MAINE: The way communism should be)
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To: mainestategop

Why do you think We the People are voting “no confidence” in our government by buying guns and ammo?


4 posted on 04/27/2009 7:15:07 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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