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IPFS News Link • Obama Administration

Paul Craig Roberts: A Banana Republic By 2012?

03-02-2009 • Informationclearinghouse.info

President Obama has presented the most irresponsible budget in US history. His fiscal year 2010 budget projects federal spending of $3.5 trillion and a federal deficit of $1.75 trillion. In other words, 50 percent of the government’s budget consists

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