Congressional Budget Office warns debt level can't be sustained

  • Article by: JACKIE CALMES , New York Times
  • Updated: September 17, 2013 - 8:58 PM

Washington has been cutting wrong kind of spending, it said.

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avejoeconSep. 18, 13 8:15 AM

Obama has taken our deficts from 450 Billion under Bush to 1.7 Trillion! He then gets that to just under 1 Trillion this year and claims that he has cut our deficit in half. What a joke. To quadruple the deficit and then cut THAT in half is NOT cutting the deficit in half. Our spending under Obama has increased 30%! Tell us why you can't cut 5% off the budget? Well, I guess you can't buy as many votes if you can't give away everything.

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