CBO: Debt Exploding Under Obama

Discussion in 'Politics' started by pspr, Mar 17, 2012.

  1. pspr


    The Congressional Budget Office said Friday that President Barack Obama’s tax and spending policies will yield $6.4 trillion in deficits over the next decade, more than double the shortfall in CBO’s own fiscal baseline — even after taking credit for reduced war costs.

  2. rew


    Projections of deficits are always wildly over optimistic so I assume this means we'll actually get an additional $10 trillion in debt over the next ten years.