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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Yahoo! News - Washington shelved report of 44-trillion-dollar deficit. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Yahoo! News - Washington shelved report of 44-trillion-dollar deficit
by Mike the Usurper at 12:32 pm EDT, May 29, 2003

] In the midst of negotiating a steep tax cuts package, the
] US government shelved a report that showed the United
] States faces future federal budget deficits of more than
] 44.2 trillion dollars.

My immediate reaction to this was three words. "Mother of God."

My secondary reaction was, if I needed another reason to tell me that these guys (the Shrubbery) have their necks as the only visible portion of the cranial anatomy visible and it's protruding from their posterior, well this is it.


Yahoo! News - Washington shelved report of 44-trillion-dollar deficit
by Rattle at 5:32 pm EDT, May 29, 2003

] In the midst of negotiating a steep tax cuts package, the
] US government shelved a report that showed the United
] States faces future federal budget deficits of more than
] 44.2 trillion dollars.

] The Financial Times hinted that the decision not to publish
] the report may have been because the White House was
] campaigning for a massive tax-cut package that critics
] claim will expand future deficits.
]
] The study, according to the same source, said that sharp
] tax increases, massive spending cuts or both are
] unavoidable if the US is to meet benefit promises to
] future generations.
]
] "It estimates that closing the gap would require the
] equivalent of an immediate and permanent 66 percent
] across-the-board income tax increase," the Financial
] Times said.

Yikes.


 
 
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