| Topic: |
Politics > Politics-USA |
| User: |
"Harry Hope" |
| Date: |
18 Feb 2004 07:08:05 PM |
| Object: |
National debt tops $7 trillion for first time |
In 2003, the federal budget gap was a record $374.25 billion and a
larger one is expected this fiscal year.
Bush blames the deficits on a sluggish economy and needed spending on
security and defense.
Rep. Baron Hill of Indiana, part of a centrist group of Democrats
said, "It is simply immoral to run a national debt exceeding $7
trillion, every penny of which our children and grandchildren will be
responsible for paying back."
From MSNBC, 2/18/04:
http://www.msnbc.msn.com/id/4305407/
National debt tops $7 trillion for first time
WASHINGTON -
The U.S. government’s national debt -- the accumulation of past budget
shortfalls -- totaled more than $7 trillion for the first time as of
Tuesday, according to a Treasury Department report.
In its daily financial statement released Wednesday, the Treasury said
the U.S. debt subject to a congressionally set limit totaled $7.015
trillion, up from $6.983 trillion Friday.
______________________________________________________
Sickening.
Harry
.
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| User: "Wake Up America" |
|
| Title: Re: National debt tops $7 trillion for first time |
19 Feb 2004 02:06:30 AM |
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The economic EnRONer Party of the Republicans
"Corporations have been enthroned. An era of corruption in high places will
follow and the money power will endeavor to prolong its reign by working on
the prejudices of the people until wealth is aggregated in a few hands and
the Republic is destroyed. "
-Abraham Lincoln (1809-1865)
Republican Morons can't read history and that's why they don't know that one
of there own warned them of the government ultimate down fall.
"Harry Hope" <rivrvu@ix.netcom.com> wrote in message
news:h33830tc0snsqf1fa3vjb925sbdkp7gm95@4ax.com...
In 2003, the federal budget gap was a record $374.25 billion and a
larger one is expected this fiscal year.
Bush blames the deficits on a sluggish economy and needed spending on
security and defense.
Rep. Baron Hill of Indiana, part of a centrist group of Democrats
said, "It is simply immoral to run a national debt exceeding $7
trillion, every penny of which our children and grandchildren will be
responsible for paying back."
From MSNBC, 2/18/04:
http://www.msnbc.msn.com/id/4305407/
National debt tops $7 trillion for first time
WASHINGTON -
The U.S. government's national debt -- the accumulation of past budget
shortfalls -- totaled more than $7 trillion for the first time as of
Tuesday, according to a Treasury Department report.
In its daily financial statement released Wednesday, the Treasury said
the U.S. debt subject to a congressionally set limit totaled $7.015
trillion, up from $6.983 trillion Friday.
______________________________________________________
Sickening.
Harry
.
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