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To: Nathan Zachary

I believe the interest payments have been figured into the spending. It’s not over the edge yet. But approaching fast.


19 posted on 08/31/2009 8:52:38 AM PDT by HiTech RedNeck (Every time you think you've seen the worst of Barack Obama, he amazes you again.)
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To: HiTech RedNeck

It’s hard to calculate when we don’t have a clear picture of what GNP will have fallen to by the end of the year, and what revenues of that will be. I suspect there is a lot of wishful thinking going on.

We are probably over that edge, we just don’t know it yet.


24 posted on 08/31/2009 8:59:28 AM PDT by Nathan Zachary
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