In response to:

CBO: Debt Spiral Deepening, Health Costs Soaring

HarryReidAllAmerican Wrote: Feb 06, 2013 5:48 PM
"Silly us. Spending $1.40 for every dollar we take in is an excellent long-term way for the country to thrive. \sarcasm off " No need for sarcasm. We have instruments to deal with the debt. Instruments that have precious little to do with "belt tightening", "austerity", or that old conservative chestnut "shrinking the government". We won an election, we have a mandate, and we will be doing things our way. Sorry.
Petrus64 Wrote: Feb 06, 2013 5:55 PM
Printing more money is the Instrument of Choice at the moment.

About 3 Trillion and counting...

Behold, the projected consequences of four more years.  Philip Klein surveys the wreckage described in the latest comprehensive budget report from the nonpartisan Congressional Budget Office (most of these estimates assume an unrealistic "baseline" in which the "doc fix" doesn't happen and various unpopular cuts to Medicare actually go into effect):