Academic

UH OH: AP sources: $2 trillion higher deficit projected. ?The Obama administration expects the fed?

By Glenn Reynolds

UH OH: AP sources: $2 trillion higher deficit projected. “The Obama administration expects the federal deficit over the next decade to be $2 trillion bigger than previously estimated, White House officials said Friday, a setback for a president already facing a Congress and public wary over spending.”

Don Surber calls it this week’s Friday Afternoon Bombshell.

Full post as published by Instapundit.com on August 21, 2009 (boomark / email).