May 28, 2011

COB new debt ceiling 16.7 trillion - What's another pound to an elephant ;-)

Cost Estimate for H.R. 1954, A bill to implement the President's request to increase the statutory limit on the public debt

Haase - Every taxpayer in America already owes more than $128,000 as their share of the $14.2 trillion national debt. Every child born in America today is greeted with more than $46,000 that they owe as their share of the national debt.
This is expected to more than triple by the time they enter the workforce. 
Mortgaging the future of our country and placing this burden on our children and grandchildren is unacceptable. However, that is exactly what we are planing on.

Let’s make sure that the world we leave our children is better than the one today.

Remember who pays for it....