January 9, 2009
A Prompting
The Congressional Budget Office released estimates Wednesday of a projected $1.2 trillion budget deficit for FY2009. This figure represents 9% of total GDP and does not include the cost President-Elect Obama's proposed $800 billion stimulus package. With national debt already totaling a staggering $10.66 trillion, the US Government is significantly accelerating the pace of its fiscal wrecklessness. Only a well informed citizenry can stop it. And that is the point of this blog - to highlight information that will better inform family, friends, and anyone else wanting to follow America's unrelenting march to fiscal armageddon.
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