Obama will propose a $3.8 trillion budget for fiscal 2011 that projects the deficit will shoot up to $1.6 trillion this year, but would push the deficit down to about $700 billion, or 4% of the gross domestic product, by 2013. Full Story »
Posted by Kaizar Campwala - via Fair Spin (Right)
Under the Obama budget, this year’s $1.6 trillion deficit would fall to $1.3 trillion in the fiscal year that begins Oct. 1. It would drop to $700 billion in 2013 and ... More »
Solid reporting, providing a good understanding of the proposed changes, challenges to those changes, and independent analysis.
Republicans have said they aren’t likely to cooperate with Mr. Obama on his deficit-reduction approach, opposing tax increases even as they attack Democrats for ... More »
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