While the United states Armed Forces (private mercenaries) are stationed at 737 bases, in 130 nations around the world, defending “all freedom-loving people everywhere in the world,” Paul A. Volcker, Jr., Chairman of the Economic Recovery Advisory Board to Democratic (socialist/fascist) de facto President Obama (either a natural born subject of the United Kingdom enclave of Kenya, or a natural born resident of the republic of Hawaii), speaking to the New York Historical Society advocates the imposition of two new taxes: a value-added tax and a carbon tax, as a way of getting the Federal budget deficit under control.  Volcker does not mention the possibility of ending unlawful foreign wars or reducing unlawful entitlement spending.

       [added 3/6/2022] Thanks to G. Edward Griffin for this entry.

Subsequent Events:

4/15/2010                   5/12/2010

References:

Volcker: Taxes likely to rise eventually to tame deficit | Reuters.htm
www.reuters.com/article/us-financial-volcker-idUSTRE6355N520100406

Current U.s. National Debt:

$36,167,124,467,492

Source