President Barack Hussein Obama is not releasing the mid summer budget update. Clearly the deficit is worse than they have admitted. Not that it will make any difference since the progressive attack machine will blame Bush anyway.
WASHINGTON (AP) – The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape.
The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.
The release of the update – usually scheduled for mid-July – has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.
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Yeah, what happened to Obama’s promise of transparency? With the progressive machine having his back he can get away with anything, but the people are catching on.
