Thread: debt ceiling
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Old 07-21-2011, 07:34 PM   #88 (permalink)
dippin
Crazy, indeed
 
Location: the ether
Want to know what the main reason is for the drastic increase in deficits? It is not "obamacare." It is not TARP. It is not a myriad of new programs.

It is mostly because revenues have dropped precipitously because of the crisis, and because the government has has to spend a lot more on the safety net.
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