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  • CBO BOMB: 'Deficits will cause debt to rise to unsupportable levels'...

    07/28/2010 4:11:24 AM PDT · by Mere Survival · 57 replies · 1+ views
    Drudge Headline ^ | 7/28/10 | Drudge Headline
    The dead link is not an error. It's been dead since soon after Drudge put it up. The CBO site has been down since Drudge posted this so here is the text (allegedly) from a blog: Federal Debt and the Risk of a Fiscal Crisis Over the past few years, U.S. government debt held by the public has grown rapidly—to the point that, compared with the total output of the economy, it is now higher than it has ever been except during the period around World War II. The recent increase in debt has been the result of three sets...