…and it *adds* to the debt over 10 years. UPDATE: They tweaked it to put it barely in the black…if you don’t take into account present value (in which case it’s still in the red). Meanwhile,the spending hikes are still larger than the spending cuts.
The party needs someone with experience to win over the “old bulls” and the credibility to win over outsiders. That only comes from someone who has been there long enough to witness the bank bailout vote, and brave enough to vote No.
The largest free (or, to be precise, freer) trade area in history (about 40% of the global economy) has been forged, pending the approval of North America’s legislatures…and that could be one big “if.”