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 Wysłany: Czw 9:24, 17 Lut 2011 Temat postu: A simmering debt crisis |
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A simmering debt crisis
A simmering debt crisis
This would leave the government 26.35 trillion in debt after 10 years ― an [link widoczny dla zalogowanych] increase of 10.87 trillion from this year.Bottom-line analysts called President Obama’s budget too timid to address a simmering debt crisis that many say could weaken America economically and strategically if left untamed.
“You’re treading water when you are about to go over Niagara Falls,” said Robert Bixby, the [link widoczny dla zalogowanych] director of the Concord Coalition, a nonpartisan budget watchdog group.The president’s budget will destroy jobs by spending too much, taxing too much and borrowing too much,” said House Speaker John Boehner.
The House will vote this week on a proposal to cut 61 billion in spending from the current year ― which would be 100 billion less than the budget President Obama proposed for the [link widoczny dla zalogowanych] current fiscal year, which began on Oct. 1, 2010.Beyond that,[link widoczny dla zalogowanych], House members plan to cut more spending from Obama’s proposal for the next fiscal year and beyond. House Republicans will propose details of their budget plan in the next several weeks.
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