Friday, January 11, 2013 at 3:00 am (Updated: January 11, 3:00 am)
No new debt limit
We are in a situation which is few short years away from a complete financial collapse.
This nation has been running annual deficits of more than $1 trillion for the past four years and our national debt is $16 trillion. What is our president’s solution? Tax increases for the job creators and four more years of deficit spending with a projected national debt of $20 trillion by 2017.
This doesn’t touch the trillions in unfunded liabilities in Social Security, Medicare and state pension funds.
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