kenneth416 Wrote:
Feb 25, 2013 10:20 AM
Notwithstanding any "cuts" forced on Obama by the sequestration or by limiting the upcoming "continuing resolution," the national DEBT will increase, in the next ten years, from $16.5 T at present to something on the order of $26 T. Incidentally, I have recently learned that CBO estimates the sequester will reduce actual spending by only $45 B for the remainder of the year (that is, the $85 B widely discussed is budgetary authority, not outlays).