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...