Morning Bell: Government Unions vs American Taxpayers
"The Washington Post reports today that “the daunting tower of national, state and local debt in the United States will reach a level this year unmatched just after World War II and already exceeds the size of the entire economy, according to government estimates.” But there are a number of big differences between our national debt now and the debt in 1946. The Post reports: “State and municipal governments from Sacramento to Madison to Harrisburg have racked up about $2.4 trillion in debt, or more than 15 percent of GDP."
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