Obama to raise 10-year deficit to $9 trillion
Don Surber calls it The Friday Afternoon Bombshell:
"Friday afternoon is when Washington dumps its bad news.
This week, the bad news is that President Obama plans to borrow $9 trillion over the next 10 years.
I guess he is about as familiar with the 22nd Amendment as he is the 2nd Amendment.
Money is power and Barack Obama wants all the power now, all the power of the past and all the power of the future.
I WON!
Reuters reported that the White House upped its estimate of how much this guy was going to cost Americans by 28%. Reuters reported: 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.
And Democrats complained about President Bushs spending?
Hah!"
Posted by: Frank G on the road 2009-08-22 |