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over 400 billion in the hole this year, and more to come. And, that doesn't count the off-budget stuff, tricks like pushing expenses into the next fiscal year, unfunded Federal retirements, or other future entitlements. Or trade deficits that have to be paid somehow.
We're a few trillion in the hole, and if we taxed everyone at 100% we still couldn't pay it off. When the crash comes, watch them devalue the dollar so they can pay it off in cheap ones. Then, whoever is in office will get blamed, with the spendthrifts on both sides hiding under their desks with nothing but a finger sticking out pointing at the poor slobs holding the bag.
Another tax cut will solve the problem, though, and all will be well.
(If you got any money at all-- buy gold)
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