2008-10-28yahoo.com

``The financial rescue operation will force the federal government to borrow an unprecedented amount of money as the budget deficit climbs to record heights, a top Treasury Department official said Tuesday.''



Comments:

Jess Badlybent at 20:47 2008-10-29 said:
Help me understand something here. If I pull out my check book and find that I am $482 billion short (deficit) of paying my bills, and then I commit to spending an additional $700 billion (bail out), while another member of my household is spending an additional $50 billion (Fed) or so per month, which "private forecasters" are only going to show my red ink rising to $700 billion and who’s kool-aide are they drinking? Permalink

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