And I’m sure people are surprised at this news?? :shock:
It looks like the $35,000 debt per unborn grandchild just went up. Wonder why only a few million of us saw this coming? Especially since POTUS #44 doubled a national debt in 6 months, that it took the first 43 Presidents to accumulate over 220 years. Now they estimate a tripling of the debt rather than just a ‘doubling’. Yup – good times are had by them folks in DC – too bad “We the People” elect dolts like that – routinely!! 111!!!
http://www.msnbc.msn.com/id/32551518/ns/politics-white_house/
Both the White House Office of Management and Budget (OMB) and the nonpartisan Congressional Budget Office (CBO) predicted the budget deficit this year would swell to nearly $1.6 trillion, a record, and far above the then-record 2008 budget deficit of $455 billion (under Bush II).
But while figures released by the White House foresee a cumulative $9 trillion deficit from 2010-2019, $2 trillion more than the administration estimated in May, congressional budget analysts put the 10-year figure at a lower $7.14 trillion.
