March 8, 2010 Leave a comment
According to the latest releases of the nonpartisan Congressional Budget Office the policies pursued by President Obama will add more than $9.7 trillion to the Federal Government deficit by the year 2020. The CBO is much less optimistic than the Obama administration about what President Obama’s policies will do to the debt the government currently owes.
Regardless of the policies of President Obama, we need to address the national debt. We cannot continue forever so we must start thinking now about fiscal policies to bring down the debt.