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CBO Director: ‘Large and Growing Federal Debt’ Could Produce ‘Fiscal Crisis’
Cybercast News Service ^
| February 11, 2014 - 12:26 PM
| Susan Jones
Posted on 02/11/2014 8:08:24 PM PST by Olog-hai
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1
posted on
02/11/2014 8:08:25 PM PST
by
Olog-hai
To: Olog-hai
2
posted on
02/11/2014 8:11:09 PM PST
by
goodnesswins
(R.I.P. Doherty, Smith, Stevens, Woods.)
To: Olog-hai
CBO Director: Large and Growing Federal Debt Could Produce Fiscal Crisis Ya' think?
3
posted on
02/11/2014 8:12:01 PM PST
by
doc1019
To: Olog-hai
Really? Who’d a thunk it?
4
posted on
02/11/2014 8:12:17 PM PST
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Olog-hai
Headline: “CBO Director: Large and Growing Federal Debt Could Produce Fiscal Crisis”
Precisely what our enemy within’s goal is, fiscal crisis. Destruction of our economy.
They’re in the final stretch of the race.
5
posted on
02/11/2014 8:14:44 PM PST
by
rockinqsranch
(Dems, Libs, Socialists, call 'em what you will. They ALL have fairies livin' in their trees.)
To: Olog-hai
But Boner insists on giving them one “clean” debt limit increase after another.
6
posted on
02/11/2014 8:14:58 PM PST
by
TBP
(Obama lies, Granny dies.)
To: Olog-hai
That's a novel idea, why didn't anyone see that before? /s
7
posted on
02/11/2014 8:15:30 PM PST
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: Olog-hai
Wow—this guy is smart. Good thing he’s in charge. [/s]
8
posted on
02/11/2014 8:17:08 PM PST
by
rbg81
To: Olog-hai
Over one million professional comedians out of work thanks to Obama and we have to hear these amateurs over and over again.
9
posted on
02/11/2014 8:20:58 PM PST
by
Iron Munro
("Show me the man, and I'll show you the crime." - Lavrentiy Beria (& Eric Holder))
To: Olog-hai; blam; Oldeconomybuyer; SeekAndFind; All
Can you say “Really BIG Financial Bubble?”
10
posted on
02/11/2014 8:30:58 PM PST
by
Graewoulf
(Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
U.S. National Debt Clock (thanks RightWhale for the link):
11
posted on
02/11/2014 8:37:22 PM PST
by
SunkenCiv
(http://www.freerepublic.com/~mestamachine/)
To: Olog-hai
Around the same time, entitlement spending will equal 100% of the budget.
Wanna guess what happens when debt equals 100% of GDP and federal budgeting is completely consumed by nondiscretionary spending?
Fiscal meltdown with no room for negotiations. We’ll have to slash budget and sell off assets.
America will be destroyed.
12
posted on
02/11/2014 8:45:01 PM PST
by
Bogey78O
(We had a good run. Coulda been great still.)
To: Olog-hai
CBO Director: Large and Growing Federal Debt Could Produce Fiscal Crisis
.............
Who knew? We’re Greece, times 100. Party on.
13
posted on
02/11/2014 8:51:50 PM PST
by
lurk
To: Olog-hai
“Large and Growing Federal Debt Could Produce Fiscal Crisis”
DUH....
Ya think?????
MAJOR U.S. MEDIA RESPONSE:
The author is a RACIST, and quite possibly Homophobic, too!
14
posted on
02/11/2014 9:09:04 PM PST
by
tcrlaf
(Well, it is what the Sheeple voted for....)
To: Olog-hai
I thought the only problem we had to avoid was shutting down the government!!?? /sarc>
15
posted on
02/11/2014 9:21:47 PM PST
by
McBuff
To: goodnesswins
From a very old accounting joke:
During the interview process for a controller position,
the hiring manager asks: “How much is 2 + 2?”
The job applicant’s reply is “Anything you want it to be.”
[Similar to “It all depends on what ‘is is.’] The manager
says “You’re hired.”
The CBO is so irrelevant it is well beyond a joke today.
16
posted on
02/12/2014 1:26:40 AM PST
by
jamaksin
To: Olog-hai
And we pay these people to tell us what we already can see for ourselves here in FReeperville...
I guess they are trying to get the message out to the ignorant masses; congress, Obama cellphone ghetto skank biotch, my mother in law, Democratic Governors, Ben Yankme, etc
17
posted on
02/12/2014 2:22:00 AM PST
by
eartick
(Been to the line in the sand and liked it)
To: goodnesswins
18
posted on
02/12/2014 4:26:27 AM PST
by
LibLieSlayer
(FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
To: Olog-hai
It’s $240 trillion net of all taxes. That’s the real figure including all federal obligations.
19
posted on
02/12/2014 6:39:15 AM PST
by
1010RD
(First, Do No Harm)
To: rbg81
Wowthis guy is smart. Good thing hes in charge. [/s] That hit my funny bone just right. Thanks!
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