Federal Deficit: Is More Spending The Answer? Borrow Into Oblivion?
February 24, 2010
“Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more than a year since the last debt limit increase, and graphs showing the debt limit over time show a steep, almost vertical trend.” Ron Paul, Weekly Update, Feb 8, 2010.
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