From a report:
Deficits and debt are headed for dangerously high levels. If we continue current policies, the federal debt will skyrocket from 53 percent of the gross domestic product (GDP) at the end of fiscal year 2009 to more than 300 percent of GDP in 2050. That would be almost three times the existing record (which was set when the debt reached 110 percent of GDP at the end of World War II) and would threaten significant harm to the economy. (See Figure 1.) In addition, under current policies, the annual budget deficit is projected to exceed 20 percent of GDP by 2050.
Someone has to take a stand.
A Skeptical G.O.P. Senator Makes His Peace With Kennedy
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After voting to confirm Robert F. Kennedy Jr. as health secretary, Senator
Bill Cassidy, a doctor and Republican of Louisiana, is embracing the
“gestalt” o...
23 minutes ago
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