Scott Spiegel

“The CBO’s latest warning on the long-term deficit is scarier than ever…

“Both President Obama and leading congressional Democrats were less than thrilled when the CBO estimated that the costs of universal health coverage would be much higher than advertised…

“Now comes the CBO with yet more news of the sort that neither Capitol Hill nor the White House is likely to welcome: its freshly released report on the federal government’s long-term financial situation. To put it bluntly, the fiscal policy of the United States is unsustainable.”

http://www.washingtonpost.com/wp-dyn/content/article/2009/06/27/AR2009062701979.html

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