Obama Budget Raises Deficit To Record Highs

Monday, May 11th, 2009

The Office of Management and Budget is predicting a higher-than-expected, $1.8 Trillion budget deficit for 2009 and a $1.3 Trillion deficit for 2010, according to a statement released by Peter Orszag, Director of the OMB. The effect is the same as making $50,000 per year, but spending $100,000 a year. It is mathematically impossible to [...]

©2007-2012 The Conservative Front | powered by WordPress | Theme Design:Fat Cat Designs