White House: Budget deficit to top $1.8 trillion

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White House: Budget deficit to top $1.8 trillion

Richard Warren
Real Estate Investor · Las Vegas, NV · Member since 2008 · 1k+ posts · 447 votes

Remember the good old days (6 months ago) when the deficit was only going to be about $1 trillion?

Story: http://finance.yahoo.com/news/White-House-Budget-deficit-to-apf-15200090.html?sec=topStories&pos=3&asset=&ccode=

:cool:

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  • Michael Culler
    Real Estate Investor · Tampa Bay, FL · Member since 2009 · 180 posts · 17 votes
    17y

    Nice! Whats the solution?

    Print more money of course! :-)

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  • James Hiddle
    Altus, OK · Member since 2008 · 2k+ posts · 690 votes
    17y
    Originally posted by Michael Culler:
    Nice! Whats the solution?

    Print more money of course! :-)


    No he'll have the tax payers pay it off somehow.
    0Reply
  • Lee Common
    Real Estate Investor · San Antonio, TX · Member since 2008 · 553 posts · 20 votes
    17y

    We need a

    Sovereign Wealth Fund

    to bad

    All the US could do is run a Sovereign Debt Fund

    Or, do what England is debating: sell assets

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