When the non-partisan Congressional Budget Office (CBO) released their new figures.....
"WASHINGTON – A new assessment of President Barack Obama's budget released Friday says the White House underestimates future budget deficits by more than $2 trillion over the upcoming decade.
The estimate from the nonpartisan Congressional Budget Office says that if Obama's February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years — an average of almost $1 trillion a year.
Obama's budget saw deficits totaling $7.2 trillion over the same period."
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This AP report (hardly a Right Wing media) is as scary as any I have seen. We are $14 Trillion dollars in debt -- and the best news scenario is that in ten years we will be $23.5 Trillion in debt?
WTF?
And in BO's best case lies, we will be $21.2 Trillion in the hole? To whom????
And this is the best case? Whoa Nellie! Who is minding the store....??
When exactly, did the inmates take over the asylum? Or more to the point, when did we give them the keys?
And when are we going to do something about this insanity before our great grandkids find themselves as third world citizens?
Huh?
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