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Posted: 3/16/2011 9:59:50 PM EDT

U.S. Debt Jumped $72 Billion Same Day U.S. House Voted to Cut Spending $6 Billion

Wednesday, March 16, 2011

By Terence P.  Jeffrey


- The national debt jumped by $72
billion on Tuesday even as the Republican-led U.S. House of
Representatives passed a continuing resolution to fund the government
for just three weeks that will cut $6 billion from government spending.

If Congress were to cut $6 billion every three weeks for the next 36
weeks, it would manage to save between now and late November as much
money as the Treasury added to the nation’s net debt during just the
business hours of Tuesday, March 15.

Link Posted: 3/16/2011 10:09:21 PM EDT
Sounds like this gal I knew, she would make the minimum payments on her credit cards then immediately turn around and charge 3 times as much as she just paid. She maxed out every card she had and is now in debt over $40,000.00 and is getting her wages garnished. LoL what a bonehead.
Link Posted: 3/16/2011 10:20:25 PM EDT
Link Posted: 3/16/2011 11:00:31 PM EDT

Won't end until it all crashes down. Prepare.

Link Posted: 3/16/2011 11:06:01 PM EDT


Won't end until it all crashes down. Prepare.

This is about where I'm at.


I remember fondly the wailing and gnashing of teefs, before the mid term elections... and the lamentations that the Republicans will fix this once they get back into office.

So far it's shaping up to be exactly what I figured it would be.
Link Posted: 3/17/2011 7:45:03 AM EDT


Won't end until it all crashes down. Prepare.

This.  Pretty much.

Link Posted: 3/17/2011 7:55:29 AM EDT
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