Unless policymakers restrain the growth of spending, increase revenues significantly as a share of GDP, or adopt some combination of those two approaches, growing budget deficits will cause debt to rise to unsupportable levels.In the not-too-distant future our situation could be worse than that of Greece. We've been living beyond our means and are hitting our credit limit. COTTonLINE advocates the CBO's choice A, restraining the growth of spending. We guess you do too.
There is a national election in roughly three months. We plan to vote for people who will restrain the growth of spending. We ask you to seriously consider doing likewise.
