On the recordFebruary 3, 2010
I want to make it very clear. This isn't just us saying it. Listen to this. The Wall Street Journal yesterday, ``All of this spending must be financed, so deficits and taxes are both scheduled to rise to record levels.'' CNBC, ``The deficit for this year would be 10.6 percent of the total economy, a figure unmatched since the country was emerging from World War II.'' The New York Times, ``The budget projects that the deficit will peak at nearly $1.6 trillion in the current fiscal year, a post-World War II record. It would then decline but remain at economically troublesome levels in the remainder of the decade.'' CNBC, ``Part of a record $3.8 trillion budget that would boost the deficit beyond any in the Nation's history.'' It is unacceptable. We have better alternatives.
