From The Hill via Michelle Malkin: The Congressional Budget Office on Friday released its analysis of President Obama’s 2012 budget proposal and found it does less to rein in deficits and the debt than the administration had estimated.
CBO estimates Obama’s plan would produce 10 years of deficits totaling $9.5 trillion. By 2021, it would increase the debt held by the public to 87 percent of gross domestic product.
The administration, using different methods, estimated budget deficits would total $7.2 trillion over the next 10 years under the 2012 budget. It forecast that total debt in 2021 would be 77 percent of GDP.
http://michellemalkin.com/2011/03/18/cbo-budget/
Is this all Obama's fault. Nope. You can also thank Harry Reid and Nancy Pelosi and the other Democrat crap weasels.
I can see President Obama playing Charlie Sheen, especially now days. Harry Reid would be Harry Doyle. And Nancy Pelosi as a baseball girl groupie.
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