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by adventured
3056 days ago
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The US hasn't had a sustainable budget since 2002. The Obama years added ~$10 trillion in debt in eight years. How was that sustainable exactly? For the last decade, the CBO has been forecasting blown out budget deficits starting about now, because of entitlement costs. There's no scenario where the budget deficit doesn't explode, unless you cut entitlements, dramatically raise taxes, or both. Have a look: https://www.cbo.gov/sites/default/files/cbofiles/images/pubs... |
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We spent $1 trillion in Iraq and another trillion in Afghanistan, but that should have shown up earlier?