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June 27, 2011

Deficit will disappear if Congress does nothing

Interesting observation by Vyan at Daily Kos:


One would hope that Congress would have the same credo as the Medical Profression: Do NO HARM to the Country!

Unfortunately it's clear that that isn't the case with the Republicans, as they storm out of budget negotiations for the Debt Ceiling just when the subject of increasing taxes comes up because they rather TANK THE ECONOMY to damage Obama than reach a deal, meanwhile the CBO - yet again - has said that if we simply Let the Bush Tax Cuts Expire - the Budget would be balanced.

They even provided a handy, easy to read chart.

Posted by Mike at June 27, 2011 08:19 PM

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