New Deficit Forecast Casts Shadow on Obama Agenda (New York Times)

[billyoc]

WASHINGTON — The Congressional Budget Office placed a new hurdle in front of President Obama’s agenda on Friday, calculating that the White House’s tax and spending plans would create deficits totaling $2.3 trillion more than the president’s budget projected for the next decade.

The difference largely reflects the administration’s more optimistic forecasts of economic growth through 2019.

The budget office figures, which will guide Congress as it takes up Mr. Obama’s proposals in earnest next week, were worse than Democratic leaders expected and further complicated their job of achieving the president’s priorities on health care, energy policy and much more.

Moderate Democrats from competitive districts and states have already expressed nervousness about some of Mr. Obama’s plans, especially as Republicans have grown increasingly emboldened to stay on the attack.

...

http://www.nytimes.com/2009/03/21/washington/21deficit.html?_r=1&hp

[FrenchieCat]

1. Fuck those assholes!

They are trying to tear Obama's agenda and make us afraid.

They are projecting into 10 years without regards to savings that the reforms in health care and energy would bring.

Selective Journalism 101. Use fuzzy math extending out a decade.

It's time to do bold things, but of course, Barack Obama will be hamstrung throughout the entire process by mean spirited politically calculating Republicans, Timid afraid of the media Democrats, and a Corporate media that doesn't want anything other than their low tax rates, and laxed regulations.

This article pisses me off!

[Kdillard]

2. Great another way to try to stop Obama's budget from being passed.

It is a good thing he has decided to go on the offensive and do all these interviews because he is going to need all the public support he can get to drown out the campaign against him.

[fasttense]

3. The deficit isn't the problem. It's the control of government by Wall Street bankers.

Until we kick out greedy corporations who gambled on Wall Street, nothing will change.