CBO report: Debt will rise to 90% of GDP

CBO report: Debt will rise to 90% of GDP
"President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday."

This explosion of government spending will destroy our country.
Are the Tea Party members the only ones who have a clue?

The medicare part A underfunding already equals the entire value of all the stocks of all the companies on all the stock exchanges of every country in the world.

That's about $40 trillion dollars.

http://muskegonpundit.blogspot.com/2009/12/world-equity-value-us-medicare-debt.html

Will we end up as the 21st century's USSR?

A corrupt, bankrupt group of bickering small countries?

A North American Europe?