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What Is Obama Going To Do About The Deficit Roadblock To Recovery December 21. 2010 Barack Obama The U.S. national deficit is approaching $14 trillion dollars. Under the Obama Administration, national debt has grown more than any other presidency in history. This is a very dangerous roadblock to recovery. The nation cannot get back on its feet financially with this unprecedented, massive spending taking place on a regular basis in Washington. Where is the money going to come from to expunge this heinously high debt. If this keeps up, the U.S. dollar will be of no significant value in the world and the economy will be negatively impacted for generations to come. There needs to be a turnaround in this situation. RELATED ARTICLES Obama's $1 Trillion Bill Passes In Congress Congress Presses Pause On Obama's New $1 Trillion Bill Obama Pushes Congress To Pass $1.1 Trillion In New Spending Bernake Defends Reckless Spending U.S. Jobs Lost Not To Be Replaced Until 2020 Joe Biden: We Can't Replace The 8 Million Jobs Lost GDP Data Shows The Recovery Failed |
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