Quote:
Originally Posted by wig
I could be that the buyers of US Treasury debt are switching between long-term debt and short term debt where the interest rate is much lower.
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that would explain it eh.
Quote:
Originally Posted by IllTestYourGirls
Fact: we can not tax ourselves out of the situation. If we taxed 'the rich' (anyone over $100k a year) 100% we could still not have enough to pay the DEFICIT this year!
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that's kind of why i posted this:
Quote:
Originally Posted by dyna mo
i wonder what our total debt is, at all levels, fed, state, city, mud, etc added up.
ain't no catching up to that #, whatever it is eh.
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isn't most debate about dealing with the federal deficit? what about the entire deficit at all levels?