Thursday, July 30, 2009

Is Obama Suppressing Deficit Info to Push Healthcare?

From Thenewamerican.com

Obama's Office of Management and Budget (OMB) has decided to delay the congressionally required economic review of his February budget projections until the middle of August, which is after Congress leaves town for its summer recess and after Obama's declared deadline for passage of a healthcare measure. Republicans have suggested that the delay is related to the likelihood that the updated numbers would show a deficit greater than the $1.84 trillion figure the administration acknowledged in May. Obama listed economic assumptions that were rosier than any other public forecast in his February budget. Bloomberg.com noted that “The White House also said the jobless rate would average 8.1 percent this year, though it climbed to 9.5 percent last month.”

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