David Stockman: 'The United States Of Insolvency'

Feb 9, 2013 at 1:47 PM
DailyBail in Debt & Deficit, Military Industrial Complex, War, bloomberg video, david stockman, debt, debt, debt ceiling, deficit, deficits, government spending, government spending, national debt, reagan, sequester

Two minutes of must see television.

'The fiscal cliff settlement actually added $4.5 trillion to the deficit over the next 5 years, so the sequester is a good thing.  Defense spending is out of control.  Neither party has faced up to the need to take on the military industrial complex or entitlements.'

Feb. 4 (Bloomberg) -- Former Reagan OMB Director David Stockman discusses the need to balance the federal budget.

 

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