Wednesday, April 06, 2011

Ryan: Debt on Track to Hit 800 Percent of GDP; 'CBO Can't Conceive of Anyway' Economy Can Continue Past 2037 | CNSnews.com

House Budget Chairman Congressman Paul Ryan (R-Wis.) said President Barack Obama’s budget strategy is to “do nothing, punt, duck, kick the can down the road” while the debt remains on track to eventually hit 800 percent of GDP and the CBO is saying it 'can't conceive of anyway' that the economy can continue past 2037 given its current trajectory."

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