This topic is about information related to the U.S. deficit and the National Debt. This is an area that NetAdvisor.org has covered in great depth due to the long term risks to the U.S. economy. Every tax payer and U.S. resident should be aware of the risks and implications of the U.S. deficit and National Debt.
Deficit
The Truth About the Budget Cuts
The Truth About the Budget Cuts. Washington DC. The major political parties came to an agreement – to keep the government running… deficits… Read More…
There were emotionally driven arguments this week how the “Statue of Liberty, will close,” astronauts grounded, government furloughs, fears about trash not being picked up which is really a municipal issue, not a federal issue unless you live in Washington DC.
In the end, the two major political parties agreed to a trivial $2 Billion in short-term spending cuts and a token $38 Billion in “long-term” spending cuts. These “long-term” spending cuts are good until the end of 2011. Read More…