US Fed $10 Trillion In Debt, Republicans Have Tied Around The Necks Of Every American
The legacy of Ronald Reagan, George H. W. Bush, George W. "the Shrub" Bush is a debt for which our children and grandchildren will be paying. Meanwhile, the Democratic leadership on Capitol Hill still haven't grown a spine.
From ThinkProgress:
National debt passes $10 trillion.
The Swamp reports today that "on the last day of September, the national debt hit $10 trillion plus," as the gross national debt as a percentage of the gross domestic product has, under the Bush Administration, hit a 50-year high. The debt grew the fastest under supply-siders Ronald Reagan, George H.W. Bush, and George W. Bush:
The debt was $5.7 trillion when Bush took office; the bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion. The Wonk Room has more.
And impeachment is stilll off the table.
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