Wednesday, August 26, 2009

Budget Deficit Projections Raised To $9 Trillion Over Next Decade

Per Politico, the White House claims that “more than half of the projected deficits over the next 10 years are directly attributable to the previous Administration’s failure to follow the pay-as-you-go principle.”

But even if that’s true, which is likely given the Medicare drug benefit, the Iraq and Afghanistan wars and the expansion of the Pentagon’s budget since 9/11, how likely is it that voters will believe that come 2012? Especially when he passedSource: Donklephant RSS Feed

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