Saturday, October 02, 2010
The Pelosi-Reid Deficits - WSJ.com
If these numbers are accurate, it's clear where the problem lies.
Election Day is an opportunity to begin fixing it...
Election Day is an opportunity to begin fixing it...
Steve Moore recently wrote in the Wall Street Journal:
"For the sake of comparison, let's look at the Pelosi-Reid fiscal record over 10 years. In January 2007, the CBO projected a $379 billion surplus over the next decade. Now, after four years under Mrs. Pelosi and Mr. Reid, and two years of Mr. Obama in the White House, the 2007-2016 projection is a deficit of $7.16 trillion.
This deterioration of the nation's fiscal situation is arguably the worst in United States history, and it was brought to us courtesy of a congressional leadership that pledged "pay as you go" budgeting to bring the budget into balance.
It is no wonder that Americans are not eager to retain the services of these two spendthrifts as leaders of Congress."
