Crushing the Budget Deficit:
CBO says Obama's latest budget would add $3.5 trillion in deficits through 2022
By Erik Wasson - 03/16/12 10:09 AM ET
President Obama’s 2013 budget would add $3.5 trillion to annual deficits through 2022, according to a new estimate from the Congressional Budget Office (CBO).
It also would raise the deficit next year by $365 billion, according to the nonpartisan office.
The CBO estimate is in sharp contrast to White House claims last month that the Obama budget would reduce deficits by $3.2 trillion over the next decade.
http://thehill.com/blogs/on-the-mone...cits-cbo-finds
http://thehill.com/blogs/on-the-mone...cits-cbo-finds