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National budget blunders

The Congressional Business Office projects that in 10 years our national debt will be $6 trillion. Having spent 25 years with the U.S. Treasury, I know that the Congressional Business Office is not subject to political influence – the only federal office that is not.

Recently, the national debt limit was increased again. If the national debt limit can be increased by Congress, there is no effective national debt limit.

Runaway spending is the cause; between bailouts and ridiculous spending, we are heading toward bankruptcy.



Feb. 1, President Obama announced the budget for 2011 – $3.8 trillion. Perhaps the Congressional Budget Office was too conservative!

John R. Vandenberg




Grass Valley


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