That means Barack and Nancy and Harry are going to increase the debt of every US Household by more than $41,000 in four short years.
Tuesday, January 26, 2010
Could Obama be our first $5 trillion Deficit President?
Last year's Federal Government deficit was $1.4 trillion, now the CBO is telling us this year's deficit could be $1.3 trillion. Lets just say the deficits average $1.25 Trillion for 4 years, that $5 Trillion total. The Census Bureau tell us there are about 120 million households in the US.
Posted by Ben Cunningham at 11:01 AM