Wednesday, March 25, 2009


The CBO Says Barack Obama's Budget Would Increase the Deficit by $2.3 Trillion More Than Expected - WSJ.com: "President Obama's 2010 budget looks more astounding by the day, especially when someone other than the White House budget office is analyzing it. The latest case of epic sticker shock came Friday when the Congressional Budget Office published its assessment, which found that the proposals would increase the federal deficit by $2.3 trillion more over 10 years than the White House had claimed."
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Reactions to the President's proposed budget are mixed, with the Russians and Chinese wanting a new world currency because pretty soon the dollar will be monopoly money, and the President of the European Union saying Obama's policies are "a way to hell."

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