U.S. Debt Shock May Hit As Soon As 2013

Instapundit » Blog Archive » MOODY’S: U.S. Debt Shock May Hit As Soon As 2013. What my father said about the bailouts in 2008…

Love this quote, especially in light of the tremendous surge in government spending:

“The bad thing is that the federal government has figured out that it can borrow a lot more money than it previously thought.”

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