CBO says Obama’s budget deficits will be much worse than expected

According to the Congressional Budget Office (CBO), the Obama administration’s budget deficits will average almost $1 trillion for the next ten years. It gets even better.
This year’s budget deficit has been revised to top $1.8 trillion. Next year, the deficit eases to a more “modest” $1.4 trillion. And finally, the CBO estimates [...]

See original: America's Independence Day Tea Party CBO says Obama’s budget deficits will be much worse than expected

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