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No Debt Solutions Until After Election?
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FBN’s Gerri Willis on the government’s rising debt.
- Duration 0:51
- Date May 8, 2012
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FBN’s Gerri Willis on the government’s rising debt.
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-- small business hello everybody -- Gerri Willis every day of every year of the Obama presidency this country has added.
Four point two billion dollars in federal debt.
That's right the debt problems continue to get worst total federal debt was ten point six trillion when Obama took office today.
It's fifteen point six trillion of 47%.
Increase.
And that's how that works the more you have a faster it seems to grow until like Greece -- there's nowhere to turn.
The Republicans this week make an effort to slow the pace of growth of debt and are rebuffed by Democrats.
Another day another four billion.
Politicians and pundits alike seem to agree there will be no solutions.
Until after the election.
Kicking the can down the road and we can't afford kicking the can down the road.
That's my two cents and this is the will.