This topic is about information related to the U.S. deficit and the National Debt. This is an area that NetAdvisor.org has covered in great depth due to the long term risks to the U.S. economy. Every tax payer and U.S. resident should be aware of the risks and implications of the U.S. deficit and National Debt.
Deficit
Obama Math: Borrowing Less is Saving?
the Congressional Budget Office (CBO) stated that the budget deficit will increase $1.3 Trillion for 2010, on top of $1.4 Trillion for 2009, and based on current number there will still be a deficit of $980 Billion in 2011. President Obama said he’ll not spend $10-15 Billion of borrowed money and calls this deficit savings. Read More…