CBO's 2009 Outlook Worsens

[Caesar]

The Congressional Budge Office or the CBO says they predict the US deficit this year will be much higher than originally thought topping out at over 1.8 trillion dollars. And the US is on track to remain in the red over the next 10 years.

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So either he must stop this mad spending or taxes will have to go up, or raise rates to compete with other nations so we can sell our debt to, since so many nations are selling debt.