33 DAYS SINCE DEFICITS DECLARED UNSUSTAINABLE

[RDANGELO]

On March 2nd, Federal Reserve Chairman Alan Greenspan declared that the current deficits were unsustainable. He also stated that the cost of making ****'s tax cuts permanent would add 1,8 trillion dollars to the federal debt. To this date , **** and the republican congress have proposed nothing substantial to reduce the deficits.
Currently , the cost of the operations in Iraq are not being included in the budget. The cost of this is estimated at 207 Bill by the end of this fiscal year. Also off the budget is the cost of transition for ****'s Social Security privatization plan ,which is estimated at 104.5 bill for the first year and 2.2 trill over the decade.


www.nytimes.com/2005/03/02/business/02cnd-deficit.html?...