Posted on 12/10/2009 2:40:48 PM PST by ding_dong_daddy_from_dumas
Last year's budget deficit of 10 percent of the economy ($1.4 trillion) shattered the post-war record. Far from just a temporary result of the recession, current estimates show the budget deficit rising to nearly $2 trillion by 2019.[2] At that point, the debt would be nearly 100 percent of the economy.
(Excerpt) Read more at heritage.org ...
P. J O'Rourke, 1991 (when the deficit was $175 billion)
Plenty of GOP pork in the bill, as expected.
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