“Look, the CBO — their own economic model breaks down in 2037. Because the computer at the Congressional Budget Office basically says [it] can’t conceive of the economy continuing past 2037 because of the strangulation of debt. Because of the debt burden.” – House Budget Committee Chairman Paul Ryan (R-WI)
The quote above is from the transcript of a radio interview with Representative Ryan and relates the response of the official budget office of the United States of America when he asked how high taxes would be on his 6, 7 and 9 year old children once they reach their forties.
You can read more of the interview here.
There are tremendous challenges facing our nation right now so I don’t say it lightly when I tell you that the wreckless spending of politicians is the biggest threat to the future of our nation and our children. We need to start paying attention.