A new analysis of President Barack Obama’s budget for next year says the deficit scenario next year isn’t as rosy as the administration painted it.
The Congressional Budget Office says tax revenues for the 2013 budget year were over-estimated and thus was the projected $901 billion deficit. It says the figure is $977 billion.
For the current 2012 budget year, CBO says Obama’s policies would generate a $1.25 trillion deficit. That’s actually $74 billion better than the White House forecast.
Read more at Official Wire. By Andrew Taylor, AP.
Please share this post with your friends and comment below. If you haven’t already, take a moment to sign up for our free newsletter above and friend us on Twitter and Facebook to get real time updates.
Follow @WestJournalism
Loading ...
If you plan to flush the country down the toilet and create a new government soon, it’s okay to spend more than you have and then default on it. Sure, it’s called, “fraud” due to the intent, but Mr. Obama is a FRAUD of a president, too, as Sheriff Joe Arpaio showed the other week.
SO WHAT THE HELL ELSE IS NEW, THIS LITTLE FILTHY CREEP IS INTENTIONALLY FLUSHING THIS COUNTRY!! NO SANE MAN THAT INTENDED TO KEEP AMERICA FREE WOULD DO SUCH A THING, AND WITH THE PASSING OF HR 347, YOU BETTER ALL GEAR UP FOR DICTATORSHIP, AND IF YOU DON’T KNOW WHAT IT IS GO TO THOMAS.ORG AND LOOK IT UP………….IT’S A REAL EYE OPENER, BILL TO STOP FREEDOM OF SPEECH, THAT WAS PASSED IN THE DEAD OF NIGHT AND THAT POS FILTHY OVOMIT SIGNED IN SECRET!!!!!!!!!!!!!!!!
http://www.petition2congress.c… Go to this website and sign the petition to investigate the eligibility of obama. We need him off the ballot and arrested for fraud.