https://freerepublic.com/tag/howsbrazilandchile/ en-us Wed, 23 Mar 2011 16:00:14 GMT Focus Forum 15 https://freerepublic.com/focus/f-bloggers/2693356/posts CNSNews.com) – The Congressional Budget Office (CBO) says that President Barack Obama’s 2012 budget will cause large and persistent yearly deficits that will push the public debt to $20.8 trillion by 2021. “Federal debt held by the public would double under the President’s budget, growing from $10.4 trillion (69 percent of GDP) at the end of 2011 to $20.8 trillion (87 percent of GDP) at the end of 2021,” the CBO said in its March 18 analysis of Obama’s 2012 budget. This means that the debt incurred as a result of Obama’s planned decade of deficit spending would be worth... CNS News https://freerepublic.com/focus/f-bloggers/2693356/posts#comment Wed, 23 Mar 2011 16:00:14 GMT