Wednesday, April 29, 2009
Obama runs out of money
Obama Doesn't Make It Through 100 Days Before Running Out Of Money
Debt Day falls three days before 100-day mark
Republican Congressman Joe Pitts (PA-16) took to the House floor today to explain how much spending and borrowing President Obama and Democrats in Congress have undertaken this year.
For 2009, Debt Day (the day on which the government runs out of revenue and starts borrowing to pay for spending) fell on April 26 -- three days before President Obama's 100th day in office.