NEWS AND COMMENTARY

News and/or Commenty on World Events.

Debt Ceiling Update

leave a comment »

The president has offered $4 trillion in cost savings over the next decade.

This is political theater.

It is only $400 billion a year on average or maybe $4 trillion in year ten, a drop in the bucket.

The federal government needs to significantly cut spending.

But it will not, as every special interest group(of voters) will whine and cry like little children denied their candy.

 

Advertisements

Written by solutions777

July 12, 2011 at 4:14 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: