[Clintonfatigued]

It’s mind-boggling. Obama & Company have racked up more debt in three years than the Bush Administration did in eight. Our national debt is the size of many countries’ entire Gross National Product. This can’t go on forever. Yet the Democrats refuse to even offer a plan at all, other than to attack any plan the Republicans offer.

Obama and the Democrats need to be ousted by landslide margins at all levels of government. If that happens, we have a shot at coming out of it OK. If Obama is reelected, I’m not certain that the United States can survive another four years.

[Carriage Hill]

It’s bigger than 90% of the countries, on this list:

http://www.nationmaster.com/graph/eco_gro_nat_inc-economy-gross-national-income

[rbg81]

The fact is that while many people SAY they want the deficit reduced, they always oppose the specifics. The Libs (and RHINOs) know this. In fact, as things get unmanagable, look for the spending and freebees to accelerate. That’s right. Because to keep people on the crazy train (as it careens toward the cliff), they’ll have to offer more and more enticements.

[Michael Barnes]

Its been said a lot around here that "The House holds the purse strings". If that were indeed the case, the House would have put an end to this wild deficit spending as soon as the 'Pubs took back over.
The spending continues unabated.
Our (The American citizen actually paying taxes) problem is both parties and has been for a while. Both parties want to "cut" in different areas of the Government, but only to satisfy spending in areas based on party base/support. Spending MUST be curtailed across the board. Everything takes a hit. Entire agencies (we all know which ones) simply need to vanish, poof. gone. Entitlements need sever cuts and taxes need lowered immediately. We need the federal government out of the business of retirements, energy and education. I'll go a step further, if its not enumerated in the Constitution, it gets zero funding. Our problems would be over in less than half a decade.

[mountn man]

Our national debt is the size of many countries’ entire Gross National Product.

Current US GDP= $15.320 TRILLION

Current US debt= $15.579 TRILLION