CBO Sees Obama Budget Bringing Debt to $20 Trillion By 2020

By Philip Klein,American Spectator

 

The Congressional Budget Office has released its assessment of President Obama’s budget,and the results aren’t pretty. According the analysis,deficits in the next decade will be worse than what the White House has projected,much higher than they would be if we were to [...]

Obama policies projected to add $9.7 trillion to U.S. debt by 2020

By Lori Montgomery,Washington Post

 

President Obama’s policies would add more than $9.7 trillion to the national debt over the next decade,congressional budget analysts said Friday,including more than $2 trillion that Obama proposes to devote to extending a variety of tax cuts enacted during the Bush administration.

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On anniversary,Obama defends economic stimulus

Reuters

 Obama and his team are trying to convince the public… evidently the evidence contradicts them

Obama and Vice President Joe Biden launched a sweeping effort to convince skeptical Americans that the stimulus has been beneficial on the one-year anniversary of a plan that was pushed through the U.S. Congress by Democratic [...]

Deficit imperils nation’s top credit rating

By Patrice Hill,Washington Times

 If we don’t control the debt,it will ruin us

The United States is drawing closer to the kind of debt crisis plaguing some European countries,where a financial emergency forces political leaders to make draconian spending cuts and tax increases to maintain the confidence [...]

Obama Sends Congress $3.8 Trillion Budget,Soaring Deficits Projected

FOXNews

 Obama is proposing a massive federal budget

President Obama sent Congress a $3.8 trillion budget Monday for fiscal year 2011,pushing a plan that includes new jobs-creation programs but is projected to add nearly $1.3 trillion in deficit spending on top of the current year’s projected $1.6 trillion deficit.

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