Posted on 02/14/2011 5:06:24 PM PST by Nachum
Here is President Obamas budget for fiscal year 2012 (and outlook through 2021). And here is a look at some of the numbers that stand out: $3.73 trillion total spending this year (25 percent of GDP). $46 trillion total spending over the next decade. $8.7 trillion total new spending over the same period. $26.3 trillion Total new debt, including entitlement obligations, predicted by 2021. $7.2 trillion Total deficit predicted by the end of the decade.
(Excerpt) Read more at nationalreview.com ...
The list, ping
Let me know if you would like to be on or off the ping list
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.