Obama greatly understated deficits in his budget


by The Heritage Foundation on Apr 18, 2014 | Views: 70 | Score: 0
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The Heritage Foundation
The Heritage Foundation on Apr 18, 2014 8:23 AM said:

When President Obama released his budget in March, he projected annual deficits would remain under $600 billion. However, in a new report, the Congressional Budget Office sees deficits reaching $800 billion, with a total difference of $1.6 trillion over 10 years.