Showing posts with label WH deficit miscalculation. Show all posts
Showing posts with label WH deficit miscalculation. Show all posts

Tuesday, February 14, 2012

WHITE HOUSE DELIBERATELY USES FALSE ARITHMETIC

White House Underestimated 2012 Deficit by $769.5B--or 138 PercentBy Terence P. JeffreyCNSNews.com
President Barack Obama released a budget today that estimates the federal deficit will drop to $901.4 billion in fiscal 2013, resulting in the first federal deficit of less than $1 trillion since Obama was elected in 2008. It also predicts the federal deficit will decline sharply in fiscal 2014, dropping all the way to $667.8 billion.

Read the Full Story