It’s not possible to borrow this much!
The Obama-Pelosi-Reid plan is to borrow $888-billion and spend it, as though that would fix anything. But who would loan us the money? Answer: nobody. As California has learned, there’s a limit to how much a spendthrift government can borrow. We’re already in hock to the Chinese for $681-billion, after our government borrowed an extra $227-billion from them in the last year. The official U.S. Treasury | Read More »