Obama budget lies off $7 trillion in 10 years

SniperFire

Senior Member
Feb 28, 2012
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Inside Your Head
How can we have about a $7 trillion swing between what Obama claims and the CBO projects over just 10 years?


CBO says Obama's latest budget would add $3.5 trillion in deficits through 2022
By Erik Wasson - 03/16/12 10:09 AM ET
President Obama’s 2013 budget would add $3.5 trillion to annual deficits through 2022, according to a new estimate from the Congressional Budget Office (CBO).
It also would raise the deficit next year by $365 billion, according to the nonpartisan office.
The CBO estimate is in sharp contrast to White House claims last month that the Obama budget would reduce deficits by $3.2 trillion over the next decade.'


http://thehill.com/blogs/on-th...icits-cbo-finds
 

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