SIGN UP FOR THE BREITBART EMAIL NEWSLETTER

Obama's Deficit Spending Projections Were Off by $1.6 Trillion

Obama's Deficit Spending Projections Were Off by $1.6 Trillion

President Barack Obama’s newly unveiled 2014 budget reveals that his original 2010 deficit projections were off by $1,631,000,000,000–or 43 percent

Obama’s initial deficit projection for 2010 to 2014 was $3.767 trillion. In his latest budget, submitted two months after the legally-required February 4th deadline, Obama says deficit spending from 2010 to 2014 will be $5.398 trillion.

If implemented, Obama’s budget would increase the national debt to $25.4 trillion, according to a GOP budget committee analysis.

P.S. DO YOU WANT MORE ARTICLES
LIKE THIS ONE DELIVERED RIGHT TO YOUR INBOX?
SIGN UP FOR THE DAILY BREITBART NEWSLETTER.


Comment count on this article reflects comments made on Breitbart.com and Facebook. Visit Breitbart's Facebook Page.

SIGN UP FOR THE OFFICIAL
BREITBART EMAIL NEWSLETTER

GET TODAY'S TOP NEWS DELIVERED RIGHT TO YOUR INBOX

I don't want to get today's top news.

x