Tuesday, July 31, 2012

OBAMA'S LEGACY : $25 TRILLION in DEBT by 2022..? $25 trillion in debt by 2022:

The Obama administration quietly released a new budget report Friday afternoon at a time calculated to make sure it received minimal attention. The highlights of the new report are a pair of new estimates, the first of this year's deficit and the second of projected debt 10 years from now.

As reported over the weekend, the new Obama budget document lowers growth estimates for the current year to a (still) high 2.6 percent and estimates this years' deficit at $1.2 trillion. That will bring our national debt to $16.2 trillion by the end of the fiscal year.

Obama's Legacy: $25 Trillion in Debt by 2022: CLICK  FOR  MORE..

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