Facts Don't Impact This "Government"

CBO to Project 2009 Deficit Will Reach $1.9 Trillion (Update2)

By Brian Faler in Bloomberg.com March 20, 2009

March 20 (Bloomberg) -- President Barack Obama’s budget will generate a $1.9 trillion deficit this year, $100 billion more than the administration projected, according to a person familiar with a Congressional Budget Office report to be released today.

The White House projected this year’s deficit will reach $1.75 trillion.

The person said next year’s shortfall will also be larger than projected, totaling $1.4 trillion. The administration said in its budget request to Congress last month that next year’s deficit would total $1.17 trillion....

House Speaker Nancy Pelosi, a California Democrat, said yesterday her colleagues wouldn’t alter their priorities even if CBO reported gloomier numbers than the White House.

"Don't confuse me with facts, my mind is made up."

Obama budget could bring $9.3 trillion in deficits

By ANDREW TAYLOR – 2 hours ago

WASHINGTON (AP) — President Barack Obama's budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush's presidency, congressional auditors said Friday.

That Is Real Change, but Where is the Hope?