February 14, 2012

Obama's projected deficit for 2012 just a bit off--like, $700 Billion

Barack Obama-- genius, spellbinding orator, skilled planner. And knows how to choose brilliant aides and administrators, like a Treasury Secretary who cheated on his taxes and not only wasn't penalized, he was confirmed by the Democrat-controlled senate.  With a team that sharp...well, is there anything they can't do?

Uh...wait.

In his first budget to Congress in February of 2009, Obie predicted that under his brilliant guidance the federal deficit would drop dramatically, from an estimated $1.841 trillion in fiscal 2009 to $557.4 billion in fiscal 2012.  Everyone applauded wildly, led by the members of the Mainstream Media.

However, in the budget submitted to Congress today the White House is predicting they'll miss that target just a bit: instead of a $557 billion deficit for 2012, the White House is now predicting a deficit of... $1.33 trillion.

That's an error of over 700 BILLION bucks!  WTF!!  It's like they just made up a number to use in the "budget."

It must be due to the unexpectedly large cost of shutting down that notorious prison for Islamic terrorists at Gitmo.

Yeh, dat's it.

h/t Weasel Zippers and CNS

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