Summary
Boston University economist Austin Frakt analyzed America's federal budget and found this startling conclusion: If Congress makes no changes, trillion-dollar U.S. deficits will disappear and a balanced budget will be achieved by 2015, just four years hence.
That's because former President Bush's gigantic tax giveaways to the rich are scheduled to expire next year, and because huge savings soon will flow from the national health reform passed last year by Democrats.See the full content of this document
Extract
Crisis: ; U.S. Debt Stalemate
Amazing. If Dr. Frakt is correct, Washington's current upheaval over federal spending will resolve itse...
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