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Archive for March 18th, 2011


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Obama Understates U.S. Government Deficits by $2.3 Trillion


Friday March 18th, 2011   •   Posted by David Theroux at 5:59pm PDT   •   1 Comment

The Associated Press reports that the Congressional Budget Office (CBO) questions the claims of the Obama administration regarding projected budget deficits over the next ten years in which the White House overestimates tax revenues and savings from Medicare payments to doctors. A new assessment of President Barack Obama’s budget released Friday says the White…
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