- Scott Miller
So much for the ‘most transparent administration in history’… yet another Obama promise down the political rhetoric tubes. Not since Enron, or Madoff, have we seen such a wide effort to hide massive losses… but in this case it’s Comrade Obama’s administration hiding massive losses of tax dollars. This from Reuters:
As economy bites, White House delays budget review
WASHINGTON (Reuters) – As unemployment rises and economic forecasts sour, the White House has delayed until August the release of its mid-year budget review, which is likely to include a revised projection of the 2009 deficit.
The review, a regular update of the executive branch’s outlook for the U.S. fiscal picture, is normally published in July, but officials said it had been rescheduled because of delays typical in years when a new president has taken office.
Republicans accused President Barack Obama’s Democratic administration, which is urging Congress to pass a costly overhaul of the U.S. healthcare system, of sidelining bad news on budget deficits until after lawmakers leave Washington for their August recess.
“Let’s be honest about what this is: an attempt to hide a record-breaking deficit as Democratic leaders break arms to rush through a government takeover of healthcare,” said John Boehner of Ohio, the top Republican in the House of Representatives.
“By burying this budget update until after Congress leaves town next month, the administration is not willing to own up to the consequences of this dangerous fiscal agenda,” he said.
All of a sudden they are just a bunch of newbies there at the White House? I thought this was the most experienced team ever. They would hit the ground running “Day 1″. They had the best transition team in the history of the world… remember all those slobbering “news” articles from Pravda?
The Republicans are exactly right. I wouldn’t be surprised to see an Obama first year defict of well over $2 trillion. To put that into context, it took over 200 years, for America to build up a total debt of $2 trillion. Comrade Obama and the rest of the radical liberals in congress are forcing America to commit economic suicide with their out of control government spending. Enough is enough… let’s start taking a chainsaw to government spending.
