sjslhill
02-26-2009, 07:57 AM
President Barack Obama is sending Congress a budget Thursday that projects the government's deficit for this year will soar to $1.75 trillion, reflecting efforts to pull the nation out of a deep recession and a severe financial crisis.
Obama's budget overview will call for nearly $4 trillion in spending in fiscal year 2010 and creates space for up to $750 billion in additional bank bailout funds this year - money that hasn't been requested and the administration hopes will not be necessary to stabilize the still-reeling financial system.
If your young, have a good job, have fun paying this off in the future. If your on welfare, enjoy your free hand outs until the people with good jobs revolt. If you have kids or grand children, wish them luck working like a slave to pay the debt off. :thumbup1:
Someone told me, it's like feeding the bears......
Obama's budget overview will call for nearly $4 trillion in spending in fiscal year 2010 and creates space for up to $750 billion in additional bank bailout funds this year - money that hasn't been requested and the administration hopes will not be necessary to stabilize the still-reeling financial system.
If your young, have a good job, have fun paying this off in the future. If your on welfare, enjoy your free hand outs until the people with good jobs revolt. If you have kids or grand children, wish them luck working like a slave to pay the debt off. :thumbup1:
Someone told me, it's like feeding the bears......