White House budget office

 
 

Deficit projections skyrocketing, Tuesday, August 25, 2009, Obama agenda, White House budget office, Congressional Budget Office, CBO, 2 trillion jump

From Reuters: “New deficit projections pose risks to Obama’s agenda” “WASHINGTON (Reuters) – President Barack Obama’s domestic policy proposals will face the reality of skyrocketing deficits on Tuesday when officials release two government reports projecting huge budget shortfalls over the next decade. The White House budget office and the Congressional Budget Office (CBO), a non-partisan arm of Congress, release updated economic forecasts and deficit estimates on Tuesday, providing further fiscal fodder to opponents of Obama’s nearly $1 trillion healthcare overhaul plan. Many of the figures are already known. The WhiteRead More