Wednesday, October 7, 2009

It's only money

A trillion here, a trillion there - and pretty soon you are talking about some real money.

WASHINGTON – The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.

The Congressional Budget Office estimate, while expected, is bad news for the White House and its allies in Congress as they press ahead with health care overhaul legislation that could cost $900 billion over the next decade.

The inflation that will follow will be ugly.

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