60% of the budget goes to entitlements, but I’m sure that number has been climbing since Obama took office. We’re probably at 65 or 70 percent now.
JH...
It maybe worse.
IMHO we do not know if GAAP procedures are being used in Disney on the Potomac, what games did Reid-Pelosi-Obama pull w/ the numbers and agencies...
My latest prediction? My friends think I am nuts on this one..
I think things are so bad, that when Romney-Ryan do a full up GAAP accounting of the budget that they ask Wall St to close for a week to explain it to the American people like GWB closed the Markets post 9/11.
A series of Come to Jesus State of the Union Speeches with both Houses in Session to explain it all...
A penny for your thoughts...