You May As Well Tell Us Now Because We’re Going To Find Out Anyway


Gee, Obama’s delaying the release of obviously bad economic news until after his “deadline” for passing his monstrous, budget busting healthcare plan. How convenient.

President Obama to Delay Release of Mid-Session Budget Review

The Obama administration announced Monday that its Mid-Session Budget Review would not be released this month, as previously scheduled, but rather would be pushed to August.

The Obama administration’s projections of economic growth, the deficit and the unemployment rate in preliminary budget estimates in February and May have since been proven overly optimistic. As the president pushes for the House and Senate to pass health care reform legislation before adjourning for the August recess, it could complicate matters to have an official White House acknowledgment that the economy is far worse that it had predicted – especially as moderate Democrats in the House and Senate balk at the cost of the proposals.

But the administration argues that’s not what’s going on at all.

“Because of the unique circumstances of a transition year, we — like President George W. Bush in 2001 – are releasing the Mid-Session Review a few weeks later than as is usual in non-transition years,” said Kenneth Baer, the communications director for the Office of Management and Budget.

President George W. Bush’s first Mid-Session Budget Review was released on August 22, 2001 while President Bill Clinton’s first Mid-Session Budget Review was released on August 28, 1993.

As Josh Gerstein of Politico points out a Congressional Research Service report from 2007 says “the law requires such a mid-session report ‘before July 16’ each year, but the deadline has been blown off by many presidents, with President Ronald Reagan being the most habitual violator in recent years.”

Congressional Republicans immediately pounced, however, saying the delay was evidence of “an attempt to hide a record-breaking deficit as Democratic leaders break arms to rush through a government takeover of health care,” as House Minority Leader John Boehner, R-Ohio, charged in a press release.

Boehner said that the Congressional Budget Office “confirmed last week that the Democrats’ plans will increase health care costs and add hundreds of billions to the deficit. Try as they might, the White House cannot hide the fact that the policies of this Administration have buried our children and grandchildren under historic debt. Washington Democrats are spending with reckless abandon, yet by burying this budget update until after Congress leaves town next month, the Administration is not willing to own up to the consequences of this dangerous fiscal agenda.”

See also:
Administration Delaying Release of Key Economic Report
White House delays budget update
UPDATE 1-As economy bites, White House delays budget review
White House to delay budget update
Obama’s mid-session budget review to be out in August
Obama Delays Mid-Session Budget Review to Mid-August (Update1)
Waiting for the Mid-Session Budget Review
White House delays economic report
Deficit Deceit

Of course, there’s a good reason they might want to play hide and seek with the numbers. I mean, after the last set of projections, how much worse can the deficits get?

gr2009032100104

/they’re going to need a bigger graph

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