Cartoon of the Day:Obama’s Fiscal Insanity

Federal Government Will Borrow 40 Percent of the Money It Spends Next Year

By Matt Cover,CNSNews

Obama’s borrowing is 10X greater than Reagan’s

According to the Obama administration’s mid-session budget update,the federal government will have to borrow nearly 40 percent of its total expenditures in 2010.

The report,“Mid-Session Review,Budget of the U.S. Government,Fiscal Year 2010,” shows that [...]