Friday, March 18, 2011

The Latest Bad News From The CBO (Bad News For Obama, That Is)

"WASHINGTON – A new assessment of President Barack Obama's budget released Friday says the White House underestimates future budget deficits by more than $2 trillion over the upcoming decade.

The estimate from the nonpartisan Congressional Budget Office says that if Obama's February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years — an average of almost $1 trillion a year.

Obama's budget saw deficits totaling $7.2 trillion over the same period."

Why does this not surprise any conservatives?


The 10 Secrets Of Success
Love, respect and happiness all have one ironic trait in common - you can only have them when you give them away.

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