US Debt FAR Worse Than Admitted

Posted on Monday, August 28 at 10:03 by Patm
The White House does not want you to read this book. Although federal law compels U.S. Treasury officials to publish the information in this Financial Report, they hope you will not see it. That’s why they issued this shocking news just before a major holiday without a press conference or even a press release. They succeeded. There was no media coverage. The Bush Administration had a similar reaction to the 9/11 Commission Report. But that document, compiled by an able independent group, became a national bestseller anyway. People demand the truth. [Note: PDF Links] http://www-tc.pbs.org/now/shows/234/Government-Financial-Report.pdf?mii=1 http://fms.treas.gov/fr/05frusg/05frusg.pdf [Proofreader's note: this article was edited for spelling and typos on August 28, 2006]

Note: http://www-tc.pbs.org/n... http://fms.treas.gov/fr...

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Comments

  1. Thu Aug 31, 2006 9:42 am
    <blockquote><i>Bush says the total debt was $8.3 billion, the report says it is $49 trillion.</i></blockquote> Typo ? Total debt more like $8.3 trillion ?

  2. by Patm
    Thu Aug 31, 2006 3:23 pm
    Oops! Yes, 8.3 trillion.



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