The backlash against the Obama administration's policy requiring church-affiliated organizations to...
Obama’s ‘Path Toward Fiscal Discipline’ is Paved with Average Annual Deficits of $900 Billion, Says White House Report
(CNSNews.com) - A budget review released by the White House on Tuesday says that President Obama has “reoriented the Nation back to a path toward fiscal discipline” and then reveals that the administration is planning for the federal government to run cumulative deficits over the next decade of $9.05 trillion, meaning the average annual federal deficit will be $905 billion.
The figures were calculated by the White House Office of Management and Budget and published in a document entitled, “Mid-Session Review—Budget of the U.S. Government—Fiscal Year 2010.”
“Despite the demands put on the treasury to respond aggressively to avoid economic collapse, the President in February put forward a Budget that re-oriented the Nation back to a path toward fiscal discipline,” says the review...
- Login or register to post comments
- Email this page
Printer-friendly version
|
|
|
|
|
|
|
|


