2.01.2012

CBO Numbers Out

Everything is staggering, like normal, and Denninger provides his usual colorful commentary focusing on Medicare here. I only have one bone to pick with him though, and I think it's important.

That's not going to happen, because it can't. That number would represent approximately 1/2 of today's Federal Budget, incidentally.

I believe Tickerguy meant Federal spending because as far as I'm aware our Congress has failed to pass a budget in years. Just a reminder that these servants of the Kleptocracy are not only moral failures, they can't even do their f'in jobs.

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