and that's NBC's headline.
Mr. "I won't rest until every American who wants a job, can find one" is on vacation again after dropping a bomb late friday. Obama's administration finally admits that they were just being silly by sticking to their budget numbers for months! Obama can't even get the numbers right and we are supposed to think he knows what he's doing on healthcare?
9 Trillion Reasons Healthcare May Be Dead
Drowning in Red Ink
Reuter's goes something like:
Obama to raise 10-year deficit to $9 trillion
Mr. "I won't rest until every American who wants a job, can find one" is on vacation again after dropping a bomb late friday. Obama's administration finally admits that they were just being silly by sticking to their budget numbers for months! Obama can't even get the numbers right and we are supposed to think he knows what he's doing on healthcare?
9 Trillion Reasons Healthcare May Be Dead
Drowning in Red Ink
The Obama administration next week will release a new budget forecast projecting the deficit over the next ten years will reach approximately $9 trillion a significant jump from the $7 trillion deficit that officials had projected at the beginning of the year.Nine trillion dollars -- an increase projection of $2 trillion in barely six months. Earlier this week, this year's deficit numbers were also released: The administration puts the figure at $1.58 trillion, while the Congressional Budget Office estimates it to be $1.825 trillion. The CBO figure is notable because the office's director helped put the health care plan into critical condition by saying that it wouldn't cut costs.
Reuter's goes something like:
Obama to raise 10-year deficit to $9 trillion
WASHINGTON (Reuters) - The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.
The higher deficit figure, based on updated economic data, brings the White House budget office into line with outside estimates and gives further fuel to President Barack Obama's opponents, who say his spending plans are too expensive in light of budget shortfalls.
The White House took heat for sticking with its $7.108 trillion forecast earlier this year after the Congressional Budget Office forecast that deficits between 2010 and 2019 would total $9.1 trillion.