Thursday, May 13, 2010

As Of Today The Government Will Spend Borrowed Money


Starting today, the government has run out of revenue and is now relying entirely on borrowed money for the rest of the fiscal year.  According to Congressional Budget Office (CBO) projections, American tax dollars only cover 61% of our nation’s expenditures for this fiscal year, which began last August. So as of midday today, the government will have spent all anticipated tax revenue and will begin to spend borrowed money.
We simply cannot afford the federal government's pattern of reckless spending.  Congress must start making the difficult decisions necessary to reign in Washington’s spending habits, and I will continue to support legislation to make this happen. 

8 comments:

  1. Money hard earned
    Money to burn
    Money flowing freely
    Money held by the greedy

    Neither good nor evil, a tool
    Those who covet, it makes a fool
    An incoming tide of green
    Increase thur means

    Never fear as it recedes
    It will be back to cover your needs

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  2. Military spending is going ballistic. Now we are working on space lasers.

    What a sad comedy.

    The Empire that could.

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  3. usa the little empire that could
    but failed

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  4. This comment has been removed by a blog administrator.

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  5. American weirdo 3 years old.
    Anything seems possible for clever white 'troop supporting"dumbo americans, who are even able to think this story is funny/clever and worth posting .
    She forgot the bit about the "fact" that Samsung stole American 3D technology to make the TV.

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  6. 10:03 you really should seek me professional help. Psychotherapy and psychiatric medication are two major treatment options.

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  7. 10:03 What does your post have to do with the context of the government being broke?

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  8. This comment has been removed by a blog administrator.

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