Sunday, March 07, 2010

Hopey-Changey Writ Large in Red Ink

Not exactly news, (Friday dump), but hey.

President Barack Obama’s budget will lead to deficits averaging nearly $1 trillion over the next decade, the CBO estimated Friday.

The Congressional Budget Office (CBO) said President Barack Obama’s budget would lead to annual deficits averaging nearly $1 trillion for the next decade.

The estimates are for larger deficits than the budget shortfalls expected by the White House.

IOW, even vigorous massage couldn't get out the red marks.

And that's WITHOUT HopeyChangeyHealthCare.

HT: HotAir/Greenroom

2 comments:

Beer, Bicycles and the VRWC said...

But don't you understand? Valerie Jarrett says they inherited this mess and, well, gosh...we just HAD to spend that bailout money and ...well, gee..."free" healthcare and green jobs will just about fix everything.

You aren't against healthcare, are you? You don't want children to die....do you?

Pollution and Climate Change are risking our children's future. You aren't against CHILDREN, are you?

J. Strupp said...

TARP will most likely be a net positive for the government. Green jobs have little to no impact on our long term fiscal problems. "pollution and climate change" are irrelevant to the CBO report.

And who was it again who used "death" as a scare tactic regarding health care reform?