Article Image
News Link • Government Debt & Financing

Debts & Deficits: A Slow Motion Train Wreck

• https://www.zerohedge.com, by Lance Roberts

"The House on Wednesday passed an $854 billion spending bill to avert an October shutdown, funding large swaths of the government while pushing the funding deadline for others until Dec. 7.

The bill passed by 361-61, a week after the Senate passed an identical measure by a vote of 93-7."

Without the passage of the C.R. the government was facing a "shut-down" just prior to the mid-term elections. So, rather than doing what is fiscally responsible for the long-term solvency and financial health of the country, not to mention the generations to come, they decided it was far more important to get re-elected into office.

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


thelibertyadvisor.com/declare