Relevant:
- United States Joint Forces Command Warns that Huge U.S. Debt Might Lead to Military Impotence, Default or Revolution
- U.S. Gov's Budget Deficit Overshoots by 100%; Trillion-Dollar Deficits Expected Indefinitely
- States fear new era of deficits (AS ECONOMY SPUTTERS)
- G-7 Vows to Keep Economic Stimulus Even as Budget Deficits Grow
- Should States Use Settlement Money for Deficits or Housing? Oh, So What and Who Cares? - Mandelman Matters
2009-06-03 — nytimes.com
"The Federal Reserve chairman, Ben S. Bernanke, said on Wednesday that the United States needs to develop a plan to restore fiscal balance, even as the government racks up huge budget deficits as it tries to spend its way out of the worst economic crisis since the Great Depression."
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