There Is No Debt Crisis…

There Is No Debt Crisis…

 

President Obama: There Is No Debt Crisis…
According to President Obama: There Is No Debt Crisis… His words during an interview:

“We don’t have an immediate crisis in terms of debt,” President Obama said in an exclusive interview with George Stephanopoulos for “Good Morning America.” “In fact, for the next 10 years, it’s gonna be in a sustainable place.”

With the current 2013 $600 billion in tax increases for the President and a recently released Democrat budget of $1.5 trillion in tax increases on a completely unbalanced budget there is a question.

If there is no debt crisis Mr. President, why the need for the massive and confiscatory tax rates? Inquiring minds want to know.