Obama’s Proposed Spending Freeze Would Add $3.8 Trillion to National Debt, GOP Says | CNSnews.com: "(CNSNews.com) – President Barack Obama’s proposed five-year spending freeze in domestic discretionary spending would increase the national debt by $4 trillion, according to an analysis by Republicans on the Senate Budget Committee.
The freeze would lock in current federal spending, which is running a $1.5 trillion deficit. This would produce an estimated $3.8 trillion in accumulated deficits over five years, according to the GOP analysis, and potentially triple the federal debt by 2018."
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