Monday, March 08, 2010

National debt to be higher than White House forecast

President Obama's proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday. Proposed tax cuts for the middle class account for nearly a third of that shortfall.
The 10-year outlook released by the nonpartisan Congressional Budget Office is somewhat gloomier than White House projections, which found that Obama's budget request would produce deficits that would add about $8.5 trillion to the national debt by 2020.

This is what you get when you elect Democrats...
Republican's spend too much, Democrats go crazy..
I hope everyone is watching and taking notes. Very soon Dems will pretend they are conservative to try and get elected in November..Obama will do the same...DON'T LET HIM