As our government debates adding trillions of dollars in spending through the health care reform bill, we are reminded the sad shape of our government’s finances. President Obama has delivered a record monthly budget deficit in his first fiscal year as president. It was reported this week that Obama has delivered the largest October budget...
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Obama Delivers Largest October Deficit On Record
National Debt Set to Double
The Office of Budget Management projected that the 2009 budget deficit would be $262 billion less than originally expected at only $1.58 trillion. However, the estimate for the 10 year deficit rose to $9 trillion.
Today it was reported that the Obama administration blames the 10 year deficit on the current crisis and the Bush...
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