Sunday, January 31, 2010
Ho Ho Ho: White House predicting a decade of budget shortfalls
"The estimate for the current fiscal year is significantly higher than the $1.35 trillion figure forecast by the nonpartisan Congressional Budget Office last week...." ...but the President was so...hmmmm...sure of himself in his State of the Union...WASHINGTON (Reuters) - The White House will predict a record budget deficit in the current fiscal year and more big shortfalls for the next decade in its upcoming budget proposal, a congressional source told Reuters on Sunday...
Labels:
budget,
CBO,
deficit,
fiscal policy,
Obama,
President,
SOTU,
state of the union
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