Fox8Live.com: Louisiana leaders ponder impact of debt limit on state dollars
From Fox8Live.com, Aug. 1, 2011:
The new dean of Tulane University’s Business School, Ira Solomon, said the plan which could be voted on tonight by the Congress is a drop in the bucket.“The federal government borrows in the neighborhood of $4 billion dollars a day, $4 billion a day in spending of monies we have to acquire from someone else,” said Solomon.
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