Idaho Sen. Mike Crapo sounds an economic warning | Idaho Politics | Idaho Statesman

“The fiscal crisis is as great a threat to the nation as we’ve ever faced,” Sen. Mike Crapo said Tuesday, speaking to Idaho lawmakers about efforts in Washington, D.C., to cut spending. “The fact is that we are fighting for the future of our nation.”

For years, Crapo said, he thought this was a crisis for future generations. On Tuesday, he said the market for federal bonds could collapse within five years. “It’s not our children and grandchildren any more. It is us and it will be here soon.” [...]

Full article at idahostatesman.com

 

Posted via email from Moments of Awareness