|Forum topic by DKV||posted 02-13-2013 10:45 PM||406 views||0 times favorited||2 replies|
02-13-2013 10:45 PM
This is from the Daily Astorian newspaper from 1963. Times change and still remain the same…
Remember when we used to worry about proposals to raise the ceiling on the national debt? Now it has been raised again and again so often that a new proposal for it goes by almost without notice. Treasury Secretary Dillon has just warned Congress that the present $308 billion limit will have to go up to $320 billion soon to take care of the proposed tax reduction and consequent deficit.
Congressional approval presumably will be almost automatic. Our Congressmen could make themselves immortal if they would only vote “no” for once. Where will it all end?
-- My bad, 2015 is the correct year...