“Cry ‘Havoc!’ And let slip the dogs of war.” This is a famous line from William Shakespeare’s play Julius Caesar. It appears that the Congressional Budget Office have been brushing up on their Shakespeare. For in their annual Long-Term Budget Outlook they have predicted that the debt will consume 76% of GDP by 2021, and in different scenarios the debt could be as high as 101% of GDP in ten years. These figures have placed those in http://dailycall
Just when we thought there were no more brazen audacities left to report about in Obamacare, here comes a doozy.
House Republicans have uncovered, tucked away in Section 1311(a) of the Patient Protection and Affordable Care Act (PPACA), an UNLIMITED Obamacare implementation slush fund.
That's right. Unlimited.
I used the word “incorrect” in the title because I’m feeling momentarily generous. A more precise word would probably have been “lied". Today’s news about deficits is, not surprisingly, much worse than the already-bad picture painted for us by the Obama administration and their ridiculously rosy economic forecasts. An AP article entitled “$1 trillion deficits seen for next 10 years” explains that: