Friday, July 17, 2009

Congressional Budget Office: borrowing is unsustainable.

CBO Director's blog
Under current law, the federal budget is on an unsustainable path, because federal debt will continue to grow much faster than the economy over the long run.
Coming from the director of the Congressional Budget Office, that is fairly sobering news. Can we somehow beam this directly into Nancy Pelosi's mind, by mental hypnosis or something? How about Florida senators and representatives?