Tuesday, March 1, 2011

Must Make the Tough Choices

America, we have a problem!   In 2010, Federal spending increased to $3.5 trillion in 2010. The US of A is now borrowing 40 cents of every dollar spent. Our national debt currently stands at $14.1 trillion – roughly 70 percent of our economy.

It’s a safe bet that most, if not all of us, do not want to see our income tax rates double. And that we would rather not be forced to adopt a permanently lower standard of living. But this is the reality our nation faces unless Congress begins to make some real “tough choices” and changes the current course on spending.

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