Tag Archives: CBO projections

Bush Left Obama a $1.2 Trillion Deficit

DeficitsWhen we hear the partisan whining and complaining that President Obama has exploded the Federal budget deficit, it’s important to understand the budget train wreck he inherited from the previous administration. At the beginning of Jan. 2009, the nonpartisan Congressional Budget Office (CBO) released its report The Budget and Economic Outlook: Fiscal Years 2009 to 2019.

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