Th Democrats stayed true to their record of 'pour' money management. Their poor decisions & sloppy spending will require a long term increase in national debt.
The Congressional Budget Office said Wednesday the national debt will reach $46 trillion, 118% of GDP by 2033 – the highest level ever recorded – and continue to rise “if current laws generally remained unchanged” (Just the News).
The U.S. budget deficit is on track to surge over the coming decade, the Congressional Budget Office said, with a cumulative debt of $18.8 trillion — nearly 20% higher than the agency projected last May. The CBO also pointed to newly-enacted legislation that will add to cumulative deficits in the next 10 years… In a separate release, the CBO said the government will breach the debt ceiling between July and September, the latest official estimate of when extraordinary measures to borrow additional funds will be fully exhausted (Axios).
In the socialist drift toward the totalitarian state, the unthinkable becomes the inevitable,
then it becomes the unquestionable.
Socialism = Totalitarianism. Individuals don't matter in the socialist state.
![]() | -- either as free people or as slaves. Unchecked, ever-expanding government power -- destroys lives. Government panacea is a defective idea. | Email our servants: President Representative Senator |
Thursday, February 16, 2023
Massive increase in national debt
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