The immoral Obama budget

Wait, weren't the Democrats going to reduce the deficit? Not so, according to the Congressional Budget Office:


Here it is, as described by the Committee for a Responsible Federal Budget:

Yesterday, the
Congressional Budget Office
(CBO) released its analysis of the President's FY 2011 budget. The
President's
budget would increase deficits by $9.8 trillion over ten years, or by
$3.8
trillion above current law. The public debt would increase from $7.5
trillion
in 2009 (53 percent of GDP), to $20.3 trillion (90 percent of GDP), by
2020-13
percentage points higher than what OMB estimated, and 22 percentage
points
higher than in CBO's baseline. That level of debt is extremely
problematic, particularly,
given the upward debt path beyond the ten-year budget window.

This is immoral.


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    Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

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