The President’s Plan Takes More to Spend More
Wednesday, April 10th, 2013It Grows the Government, Not the Economy
$8.2 Trillion in New Debt
§ Accounting for the cost of eliminating the sequester and removing the budget gimmicks, net deficit reduction is only $119 billion.
§ Additional deficit increase in FY2013: $61 billion
§ Total U.S. debt in 2023: $25.4 trillion
§ Debt increase per household: $60,980
§ Interest payments on the debt in 2023: $763 billion
§ Deficit in 2023: $439 billion
$1.1 Trillion in New Taxes
§ President Obama’s ...
