Sunday, January 16, 2011
GOVERNMENT FINANCES: HERE COMES BANKRUPTCY!
Federal, state, county and city: LET'S ALL SHARE THE SAME ROAD TO BANKRUPTCY!!
Oldcatman
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****U.S. Bills States $1.3 Billion in Interest Amid Tight Budgets!
As if states did not have enough on their plates getting their shaky finances in order, a new bill is coming due — from the federal government, which will charge them $1.3 billion in interest this fall on the billions they have borrowed from Washington to pay unemployment benefits during the downturn.
****READ the full story (HERE).
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