Tag Archives: CBO

$253.5B—Obama Borrowed Nearly 6x as Much in February as Sequester Cuts All Year

During the month of February–as President Barack Obama was warning Americans they would see dramatic effects in their lives if “sequestration” of some planned federal spending kicked in–the federal government’s debt climbed by $253.5 billion. That one-month increase in the … Continue reading

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Ben Bernanke – Health Care Costs Are the Elephant in the Room

Ben Bernanke testified today (February 2, 2012) in Congressional hearings concerning the 2012 economic impact. He made it perfectly clear that eliminating 100% of discretionary spending will still not balance the budget. He cited the Congressional Budget Office’s numbers and … Continue reading

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