By Daily Crux Editor Justin Brill:
A new “shocker” from Washington…
Senate Democrats just proposed allowing the government to borrow a fresh $1.9 trillion to cover its bills. The increase would lift the national debt to $14.3 trillion.
Where does our money go? To buy votes, basically. Rather than drastically reduce spending, our politicians are shoveling out tons of money to car companies (to get the union vote), food stamp recipients (to get the poor vote), to the military-industrial complex (to get the war monger’s vote), and to busted homeowners (to sop up the rest).
This is how America goes bankrupt…
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More government stupidity:
Why the bankruptcy of the U.S. will be a good thing
Must read: Dan Ferris on awful "Atlas Shrugged" developments
One of the worst scams ever foisted on the American taxpayer...