CBO claims that deficits will add up to $1.2 trillion more than Obama claims over coming decade
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. . . .
Labels: deficits, ObamaAdministration
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