Thursday, February 17, 2011

Fiscal Armageddon

"...all government programs should be cut by 15 percent from last year’s budget level, including heretofore sacred defense and entitlement programs. Such reductions could be justified by saying that “we face fiscal Armageddon, and everyone has to sacrifice.”"

Across-the-Board Cuts Needed to Avoid Fiscal Armageddon: Newsroom: The Independent Institute

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