Monday, January 31, 2011

Fiscal Reckoning Draws Closer

Fiscal Reckoning Draws Closer NetRight Daily
"On January 26th, the Congressional Budget Office (CBO) announced that the budget deficit would top $1.5 trillion in 2011, the highest ever on record.
That is mostly because of the unpaid-for $56 billion extension of unemployment benefits and a $120 billion cut in payroll taxes on employees from December’s tax deal."

No comments: