Monday, November 10, 2008

$700 Billion becomes $2 Trillion

Why wasn't this in the news. I heard it was happening but can't believe the number. Why was it such a big deal to pass a $700 billion bailout package if the Tresury department had the right to spend 1.3 trillion without congress'e approval. And after all that happens, the big news is Who Did We Loan It To. Shouldn't the story be, "How Does an Unpopular decision to Blow $700 Billion Become $2 trillion" Leave it to the Government to go over budget.

Please take over my Healthcare Uncle Sam. You know how to run things right.


Lisa said...
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Lisa said...

I needed to check my spelling in the last post, it was quite unreadable. I was saying that Congress needs to read Dave Ramsey and get on a budget and get the counrty on rice and beans, beans and rice, until we our all out of debt. It will be hard but worth it. Balancing the budget will not solve the problem, we need to balance the budget with a large amount budgeted to the repayment of debt. The Governement is out of control with its spending patterns. It makes since that most of the counrty is in debt, look at our example.