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To: Stand Watch Listen

I am a little confused here. Is this the end of a budget or is it finally the end them being able to rob retirement funds to pay the bills. As Most know the National Debt figures have not been updated for many months. The National debt is still stuck on March numbers I believe. Of course the Media never talks about it which tells me they were instructed not to.


19 posted on 09/08/2015 5:10:23 PM PDT by Revel
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To: Revel
The Government 2015 Fiscal Year ends this Sep 30. The budget Congress needs to present to the president is for Fiscal Year 2016 (FY16). As I set forth in post #8 above ...Congress does not meet the Fiscal Year Sep 30 deadline.

Hence they will simply present a 'continuing resolution' to fund the federal government for a set number of weeks/months. Then the worthless bastards will do it all over again.

I cannot recall, if ever, that the Government under Obama has ever passed a finalized budget. Just a series of continuing resolutions.

In reference to your retirement question, there has been numerous 'rumors' regarding the government absconding with the populace IRA and 401K retirement accounts to balance the budget. If I recall correctly the total amount of these retirement accounts is > $23-24 Trillion.

I've read that the government would ensure a 3% return on our confiscated monies. Sweet deal eh?

21 posted on 09/08/2015 7:10:44 PM PDT by Stand Watch Listen (5. Otherwise it was business asa usual..weeks months of continuing resolutions. But with Obama it')
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