U.S. Headed Toward Bankruptcy, Says Top Budget Committee Member (Must See Video)
Feb 18, 2010 at 10:03 PM
DailyBail in Federal Bankruptcy, debt, deficit, federal bankruptcy, federal debt, federal deficit, paul ryan, uundunded liabilities

Video:  Wisconsin Rep. Paul Ryan, ranking Republican on the House Budget Committee, says the current fiscal path will bring the U.S. government to bankruptcy.

As Ryan explains, the nuts are the unfunded liabilities -- promises without revenue.  One of the better discussions I've seen on the issue.  Set aside a few minutes.

 

-----

(Screenshot...video is above)

 

 

Article originally appeared on The Daily Bail (http://dailybail.com/).
See website for complete article licensing information.