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Michael Steele: 'Nothing Wrong with a Government Shutdown'

245
mph3/08/2011 6:43:54 am PST

2.1 trillion in 2011 projected revenues
3.7 trillion in 2011 proposed spending

Never mind the political theater you are arguing about above; I think a “shut down” through federal insolvency is imminent.

…and this is just the federal deficit we are talking about. Consider how many states are upside down right now.