Friday, February 18, 2011

Treasury Secretary Geithner Admits That Obama Budget is "Unsustainable"!

RUSH LIMBAUGH February 18, 2011: Ladies and gentlemen, this sound bite, this yesterday in Washington on Capitol Hill, it was a Senate Budget Committee hearing on Obama's 2012 budget. The Treasury secretary, little Tim Geithner testified, and during the question and answer Senator Jeff Sessions of Alabama said, "Let's talk about our interest situation under your budget. The interest increases every year. It was $187 billion in 2009. Under your proposal, the interest increases to $844 billion. And would you not agree that that's a stunning figure, perhaps the fastest growing item in the budget? And all of that is a direct result of the debt we're running up, and only a modest expectation of interest rate increases.


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