Quote:
The long-term implications of all this borrowing put the United States on track to ultimately owe more to its creditors than the economy produces over the course of a year. The nonpartisan Committee for a Responsible Federal Budget projects that the United States will run $2 trillion annual budget deficits by 2027 and have a debt-to-gross domestic product ratio of 105 percent — a level not seen since the end of World War II.
“With this deal, we will experience trillion-dollar deficits permanently,” said Andy Roth, vice president of the conservative Club for Growth. “That sort of behavior, the last time I checked, is not in the Republican platform.”
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Time to start the treasury printing presses and hope they don't run out of paper.
And poor Nancy once again proved her ineptness, 8 hours and no DACA. Clutching defeat from jaws of victory?
https://www.nytimes.com/2018/02/08/u...T.nav=top-news