Pipe dreams based on fraudulent numbers. Just wait until the fed loses control of interest rates and they jump to more normalized levels...it will eventually take 100% of tax revenues just to pay the exploding interest on the debt.
"Within 10 years, if we do nothing, Social Security, Medicare, Welfare, and the interest on our debt will consume our entire budget.
No money - ZERO - left for national defense"
Dr Ron Paul
Personally, I think Dr. Paul is being way too optimistic. I say closer to 3-5 years and the debt interest itself will consume the entire budget.
If you want to have a good belly laugh, go look at the CBO projections back in 2000.
“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul
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