3/16/2012

So much for Obama trying to reduce the deficit

Obama's actions again don't match his rhetoric. From The Hill newspaper:

President Obama’s 2013 budget would add $3.5 trillion to annual deficits through 2022, according to a new estimate from the Congressional Budget Office (CBO).

It also would raise the deficit next year by $365 billion, according to the nonpartisan office.

The CBO estimate is in sharp contrast to White House claims last month that the Obama budget would reduce deficits by $3.2 trillion over the next decade.
 . . .


The CBO report is available here.

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