Monday, April 05, 2010

CONGRESSIONAL BUDGET OFFICE HAS NEW NUMBERS

Every family that balances a checkbook at the end of a week knew this was coming.  We are in the very best of hands.

CONGRESSIONAL BUDGET OFFICE HAS NEW NUMBERS

Kevin Price

Published 04/05/2010 - 8:28 a.m. CST

ABOUT THE AUTHOR

Kevin Price

Kevin Price

Email:
kprice61@aol.com

About two weeks ago the Obama Administration was blushing as it boasted about the "favorable" numbers its administration received from the Congressional Budget Office (CBO). The fact that the CBO is appointed by members of the President's own party (the majority in Congress are Democrats) made some skeptical. However, the experts outside of the CBO and the White House looked at the numbers and said, "wait a minute!" The numbers are scary and the budget is pointing at a direction that will make the US appear to be little more than a typical debtor nation. This is not something "down the road," but just a few years away.

No comments: