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Politics : View from the Center and Left

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To: Steve Lokness who wrote (210668)	12/6/2012 10:32:15 AM
From: Wharf Rat	Read Replies (2) of 543310

"None of this fixes the big problem - our spiraling out of control debt." Not a problem; all we need is $2 in defense cuts for every $1 in tax increases. US 2012 Fiscal Budget Deficit Falls Sharply Jpm10000000pmFri, 12 Oct 2012 19:14:29 +000012 10, 2010 by The World's Most Accurate Economic Forecaster The US budget deficit fell sharply in just-ended fiscal 2012 to $1.1 trillion, but remained at an uncomfortably high ratio to the size of the economy, the Treasury reported Friday. The fiscal shortfall topped $1 trillion for the fourth straight year, but dropped from $1.3 trillion in 2011, as the Obama administration answered deep pressure to narrow the shortfall. johnhively.wordpress.com

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