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  1. #1

    Default How do you turn 5.6 trillion surplus to 9.2 trillion in debt?

    The deficit picture remains worse than it was when Bush took office seven years ago. Then, both White House and congressional forecasters projected cumulative surpluses of $5.6 trillion over the subsequent decade.

    But a revenue bubble burst, a recession and the Sept. 11, 2001, terrorist attacks adversely affected the books. Several rounds of tax cuts, including Bush's signature $1.35 trillion 2001 tax cut, also contributed to the return to deficits in 2002 after four years of budget surpluses. The national debt has risen to $9.2 trillion.

    "This guy will come close to doubling the debt of the country during his period of presidency," Conrad said.
    That's about $30,000 for each person or about $100,000 per taxpayer. I sent an IOU to the president already.

  2. #2

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    Quote Originally Posted by pavyracer View Post
    That's about $30,000 for each person or about $100,000 per taxpayer. I sent an IOU to the president already.
    It easy ... ask Iraq whatever happened to there weapons of mass destruction ... and why is the US still in Iraq soil looking for a so called Bin Laden ...

  3. #3

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    bet 5 billion and lost and try to chase it with 10 billion.

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