Saturday, October 24, 2009

Panetta: Debt threatens security, health care


Panetta: Debt threatens security, health care:

"CIA Director Leon Panetta warned Friday that the nation's ballooning federal debt threatens resources available for national security as well as education and health care, and that Americans should not expect 'that we can remain a powerful nation' if the trend continues.

'This country cannot continue to run trillion-dollar deficits,' Panetta, the former head of the nation's Office of Management and Budget, said at a gathering of the Commonwealth Club of California in San Francisco, where he addressed a wide range of national security and intelligence issues."