So, Obama keeps saying that he’s going to cut the deficit in half by the end of his first term. Oh really? Deficit Projected To Swell Beyond Earlier Estimates President Obama’s ambitious plans to cut middle-class taxes, overhaul health care and expand access to college would require massive borrowing over the next decade, leaving the [...]
Filed under: Blog Entry | Tagged: 2010 Budget, Barack Obama, Budget Deficits, Economy, George W. Bush, National Debt, Office Of Management And Budget, OMB, Peter Orszag | 7 Comments »