Obama Bans Gimmicks, and Deficit Will Rise »
Posted By idyll 9 months, 2 weeks ago in Political NewsFor his first annual budget next week, President Obama has banned four accounting gimmicks that President George W. Bush used to make deficit projections look smaller. The price of more honest bookkeeping: A budget that is $2.7 trillion deeper in the red over the next decade than it would otherwise appear, according to administration officials.
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idyll
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