The Washington Times - December 16, 2008, 06:45AM

Federal spending grew by 25 percent this year, fostering a $1 trillion national debt before the multibillion-dollar bailouts are factored in, Jon Ward is reporting.

The information was detailed in a White House budget report that Budget Director Jim Nussle called “sobering.”


Sobering? It sounds like the aftermath of a drunken sailor on shore leave with a brand new MasterCard. It’s “hangovery.”