Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Congressional Report: White House budget vastly understated deficit
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Monday, March 08, 2010
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From Newsmax:

A new congressional report released Friday says the United States' long-term fiscal woes are even worse than predicted by President Barack Obama's grim budget submission last month.

The nonpartisan Congressional Budget Office predicts that Obama's budget plans would generate deficits over the upcoming decade that would total $9.8 trillion. That's $1.2 trillion more than predicted by the administration.

The agency says its future-year predictions of tax revenues...

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Topics: Obama | Government Stupidity | Boondoggle
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