Sunday, August 14, 2005

How much debt is too much?

Bill Virgin, a business columnist for the Seattle P-I, asks a very important question. How much debt is too much for the region? It seems that no one really knows.

As a matter of fact, no one seems to know just exactly how much the tax payers in Washington are in debt, which is astounding! There is no one central record to tell us how much we owe for all of the programs the Legislature, and Initiatives, have obligated us to.

This needs to be dealt with as soon as possible.

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