In response to:

Uh, Obama? We Have a Problem: Interest Expense to Hit $1 Trillion in 4 Years

ideaminer Wrote: Feb 06, 2013 2:57 PM
The CBO may be "non-partisan", but that does not mean they are unbiased. They are clearly biased towards maintenance of a larger and growing federal government, and the ruling Washington/Wall Street power elite. The CBO also has about the same track record as flipping a coin. Go back and read what they were saying in 2006 and 07. Never forget: There are lies, damn lies, and statistics.
HistoryLover Wrote: Feb 06, 2013 3:29 PM
ideaminer wrote: "The CBO also has about the same track record as flipping a coin" Wow ! He is dead wrong on this. This would mean that the CBO is right half the time. They are not even close to this. They might be right about 10% of the time!
ideaminer Wrote: Feb 06, 2013 5:31 PM
You are so right--I stand corrected. So much for making the first flippant comment that comes to mind; I'll be more careful in the future.

I hate to interrupt Obama’s “We Don’t Have a Spending Problem” World Tour. But reality intervened on Tuesday as the Congressional Budget Office released a report that says that the budget deficit will grow through 2023 and “will eventually require the government to raise taxes, reduce benefits and services, or undertake some combination of those two actions,” reports CBSNews- and all of that just to cover interest payments.

“In its annual Budget and Economic Outlook,” writes CBSNews, “the CBO said debt held by the public will be bigger by 2023 than in any year since...

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