Archive for 6 Mar 2010

This from CATO…

This Week in Government Failure
Posted by Tad DeHaven

Over at Downsizing Government, we focused on the following issues this week:

$1 trillion dollars at a time.

If this doesn’t get your attention, nothing will.

President Barack Obama’s budget will lead to deficits averaging nearly $1 trillion over the next decade, the CBO estimated Friday.

The Congressional Budget Office (CBO) said President Barack Obama’s budget would lead to annual deficits averaging nearly $1 trillion for the next decade.

The estimates are for larger deficits than the budget shortfalls expected by the White House.

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