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Geithner admits Obama's budget 'unsustainable' for second year in row

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posted on Feb, 16 2012 @ 03:07 PM
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Source: An Economy Built To Crash


President Obama described his fiscal year 2013 budget – the most expensive in United States history – as “a blueprint for an economy that is built to last.” But even his own Treasury Secretary does not agree with that assessment.




Wow, even Timmy doesn't buy it anymore.
edit on 2/16/12 by AnonymousCitizen because: (no reason given)




posted on Feb, 16 2012 @ 05:06 PM
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Geithner talks about "unsustainable commitments to Medicare and Medicaid." Is this the groundwork for cuts in those two programs? How can Congress keep hearing it's not sustainable yet keep refusing to touch the programs? Are the voters so intent on keeping those programs that it's suicide to even talk about them?



posted on Feb, 16 2012 @ 06:15 PM
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reply to post by AnonymousCitizen
 


Tax Cheat Timmy only like big budgets that include large payments to financial firms he used to work at.

But he is right.. this neo-socialist experiment is going to start ramping up inflation (taxation?) to pay for this garbage.



 
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