Saturday, February 25, 2012

Today's Reckless Spenders Enslave Future Generations

Bleak Future: A fresh report says the new federal debt ceiling of $16.4 trillion will likely be reached just after Election Day. Those driving it up will be relatively unaffected. They'll just deliver the bill to our children.

The Bipartisan Policy Center has set the next DC-Day for late November, after just a few weeks earlier saying it would hit in the spring of 2013. Pundits will no doubt wonder how the earlier date will affect the election.

And for good reason: Yet another debate over raising the debt ceiling will swing some voters.

Read more: http://news.investors.com/article/602323/201202241858/federal-debt-an-intergenerational-crime.htm

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