That is the deficit for the current proposed budget from President Obama.
After all of the talk last year, after the 'Super Committee', THAT is the best they could do?
"The president's projected $1.65 trillion deficit for the current year would be the highest
dollar amount ever, surpassing the $1.41 trillion deficit hit in 2009. "
"The president's 2012 budget projects that the deficits will total $7.21 trillion over the next
decade with the imbalances never falling below $607 billion. Even then that would exceed the
deficit record before Obama took office of $458.6 billion in 2008, President George W. Bush's last year in office."
"Obama's budget also makes assumptions about economic growth that are more optimistic that those offered by many private economists."
As if I didn't Love Auburn already....... My Son is an Auburn Tiger!!!!
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