Thursday, February 26, 2009

Obama's Budget Hypocrisy


In January 2009: Congressional Budget Office projects
FY2009 budget deficit $1,186 billion
FY2013 budget deficit $257 billion

In February 2009: Office of Management and Budget projects
FY2009 budget deficit $1,750 billion
FY2013 budget deficit $533 billion

Obama pushes the package of a $787 Billion "Stimulus" Bill

source CBO and OMB
My thoughts: Wow. The FY 2009 deficit will be the same size as the FY2000 budget. Obama has the audacity to lecture the country on "fiscal responsibility." Obama needs to step away from the Kool-Aid now.

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