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Old 05-22-2009, 08:13 AM   #5
dude1394
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Wow...this bunch is priceless.. With one side of the mouth running up a tremendous deficit and the other talking frugality. It's some amazing political kabuki theater going on and being accepted around here.

Quote:
May 22 (Bloomberg) -- Treasury Secretary Timothy Geithner committed to cutting the budget deficit as concern about deteriorating U.S. creditworthiness deepened, and ascribed a sell-off in Treasuries to prospects for an economic recovery.
“It’s very important that this Congress and this president put in place policies that will bring those deficits down to a sustainable level over the medium term,” Geithner said in an interview with Bloomberg Television yesterday. He added that the target is reducing the gap to about 3 percent of gross domestic product, from a projected 12.9 percent this year.
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