Tuesday, May 29, 2007

Our Government is 'hiding' trillions in debt!

The federal government recorded a $1.3 trillion loss last year — far more than the official $248 billion deficit — when corporate-style "accounting standards" are used. One reason they like to use "supplemental" appropriation bills is because they "don't count" toward the deficit. The entire Iraq war has been funded with supplementals.



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