Thank Democrat-Socialists Barbara Boxer & Barack Obama, U.S. Debt Projected $19.6 Trillion By 2015

Thanks to U.S. Senator Barbara Boxer, D-CA her Democrat-Socialist colleagues and Barack Obama, according to a Treasury Dept report to Congress, the Federal Budget Deficit will top $13.6 Trillion Dollars this year and climb to an estimated $19.6 Trillion Dollars by 2015

The report quietly sent to lawmakers last week states the ratio of debt to Gross Domestic Product would rise to 102%  in 2015  up from 93% in 2009

More here from Reuters

Related: Our Unsustainable Debt: America is on the verge of financial disaster

Here Comes The Double Dip Recession by Dick Morris Via Creators.com

This entry was posted on Tuesday, June 8th, 2010 at 11:00 pm and is filed under Barack Obama, Economy, Sen. Barbara Boxer, Socialism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Thank Democrat-Socialists Barbara Boxer & Barack Obama, U.S. Debt Projected $19.6 Trillion By 2015”

  1. bernieg1 says:
    June 9, 2010 at 5:53 pm

    I own gold, lots of gold, so I am enjoying Obama’s presidency very much. Can’t wait for him to bring this economy to its knees. Two things:
    1) I become very rich.
    2) Hopefully Americans will finally learn that socialism does not work.

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