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View Full Version : Dems Spending Continues As Revenue To The Government Drops



red states rule
11-10-2009, 06:53 AM
Is this the hope and change we were promised?

So how will Dems pay for Obamacare? How will Obamcare NOT add to the deficit? How much deeper will Dems dig the debt hole they are putting us in?


http://i739.photobucket.com/albums/xx40/mmatters/UST12moTrailingRecs1207to1009.jpg





Cash Crunch, Press Silence: As ObamaCare Advances In Congress, Uncle Sam's Collections Continue Steep Drop

The August Congressional Budget Office budget forecast for the fiscal year that began last month says that Uncle Sam will take in $2.264 trillion from October 2009 through September 2010. That's an increase of 7.6% over fiscal 2009's intake of $2.105 trillion.

Though it won't be official until Tim Geithner's crew releases its Monthly Treasury Statement next week, it's virtually certain that the government's collections will open the year in a deep hole compared to last year, and probably well behind what CBO expects.

http://newsbusters.org/blogs/tom-blumer/2009/11/05/cash-crunch-press-silence-obamacare-advances-congress-uncle-sams-collect