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Politics : THE WHITE HOUSE

SPY 670.92

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Nov 7 4:00 PM EST

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To: Peter Dierks who wrote (25366)	2/22/2009 9:34:33 AM
From: tonto	Read Replies (1) of 25737

Obama, as politicians do, promised us many things. They made absolutely no sense under the circumstances, but people vote on what they hear, not what is reality. A little over a month ago Obama said the follwoing: The Congressional Budget Office forecast that the recession and government outlays for bailouts will push the budget deficit to at least $1.18 trillion this fiscal year. Obama said Jan. 6 that he expects similar shortfalls “for years to come.” Now he says he is going to halve the deficit by 2013...(g) do you really believe a guy who jumps around a trillion dollars? Obama's proposal for the 2010 fiscal year that begins Oct. 1 projects that the estimated $1.3 trillion deficit he has inherited from former President George W. Bush will be halved to $533 billion by 2013.

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