PRESIDENT’S PLAN FOR FISCAL RESPONSIBILITY

December 31, 2012 by EthanAllen2076

LAST PAGE OF THE FOLLOWING LINK SAYS IT ALL.

FINALLY A FEDERAL “BUDGET”

WHITEHOUSE PLAN

Well, I guess it’s a budget.  We’re forecast to increase our national debt by 1.0 TRILLION (average) per year for the next decade.  I guess that’s a budget.  Well, to know how deep we’re going to dig…to know how much we’re going to need to increase our debt limits, to know how much trouble we’ll be facing…I guess that is a budget.  Maybe we should look at other options…like NOT FUNDING things.

FORECAST FEDERAL DEBT BY YEAR:

2011: 14.7 TRILLION

2012: 16.3 TRILLION (-1.6T)

2013: 17.5 TRILLION (-1.2T)

2014: 18.5 TRILLION (-1.0T)

2015: 19.4 TRILLION (-0.9T)

2016: 20.3 TRILLION (-0.9T)

2017: 21.3 TRILLION (-1.0T)

2018: 22.2 TRILLION (-0.9T)

2019: 23.1 TRILLION (-0.9T)

2020: 24.0 TRILLION (-0.9T)

2021: 25.0 TRILLION (-1.0T)

2022: 25.9 TRILLION (-0.9T)

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