Don't Let Me Stop You

What the heck, you'll do what you want anyway.

Yes, We Can…

Posted by Ryne McClaren on March 7, 2010

… add trillions to trillions.

WASHINGTON – A new congressional report released Friday says the United States’ long-term fiscal woes are even worse than predicted by President Barack Obama’s grim budget submission last month.

The nonpartisan Congressional Budget Office predicts that Obama’s budget plans would generate deficits over the upcoming decade that would total $9.8 trillion. That’s $1.2 trillion more than predicted by the administration.

The agency says its future-year predictions of tax revenues are more pessimistic than the administration’s. That’s because CBO projects slightly slower economic growth than the White House.

Prediction: someday soon the CBO will be outlawed by Presidential edict.  Those guys are always getting in the way of our future Greek way of living.

The article drones on for a bit before mentioning that a 18-member panel is being formed (what, no czar?) to come up with ways that reduce the deficit.  So sit back and relax, working class.

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2 Responses to “Yes, We Can…”

  1. […] Yes, We Can… […]

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