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To: Red Badger
When you’re $14.6 Trillion in the hole, $1.2 Trillion over 10 years isn’t gonna get you out of the hole...

Amen RB. Amen.

Reducing spending by 120 B annually will still be a Trillion and change added to the deficit each year. So at the end of the ten years, the deficit will be 25 Trillion+. What am I missing?

And I have yet to see any plan indicate money to pay down debt. Wouldn't you expect that?

37 posted on 07/25/2011 1:15:04 PM PDT by Principled
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To: Principled

All they want to do is maintain the debt. Spending money on debt service takes away money from their pet projects. Soon all we will be able to do is pay interest on the debt, 100% of tax revenue will pay for interest. No military and no Medicare, no medicaid, no Social Security, no unemployment, just interest payments...................


42 posted on 07/25/2011 1:23:38 PM PDT by Red Badger (PEAS in our time? Obama cries PEAS! PEAS! when there is no PEAS!..........................)
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