$11 Trillion Increase in Federal Debt in One Year
Written by Gary North on August 10, 2012
The unfunded liabilities of the U.S. government grew in one year by $11 trillion. So says Prof. Lawrence Kotlikoff of Boston University. He is using figures provided by the Congressional Budget Office. He makes a good point. Republicans and Democrats in Congress a year ago could not figure ways to cut $210 billion a year […]
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