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February would be high time to control spending

Both sides of the aisle in Congress and President Barack Obama insist they will not tolerate initiatives to get government spending under control.

No doubt in mid-February, when Congress is asked to approve a new national debt ceiling, lawmakers will go along meekly.

But look at what has happened during just the past few years:

In January of 2009, the national debt was $10.6 trillion. It is about $17.3 trillion now – an increase of $6.7 trillion during only five years. The debt now is more than the total value of all goods and services produced by Americans in a year.

Good heavens. This behavior is unsustainable. February might be a good time to stop it.

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