The U.S. Treasury Department upped its estimate of the amount of money the federal government will need to borrow in the second quarter of this year. And not just by a little. People need to remember that borrowed money has to be paid back.
For Further Reading
The National Debt Is Worse Than Advertised
Unconstitutional Debt and Future Generations
Feds Run Biggest Half-Year Budget Deficit Ever
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
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