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Tuesday, August 25, 2009
GRIM FISCAL PICTURE: Among Democrats, only the Blue Dogs realize ObamaCare isn't going to fly.
Posted by kotang at 6:45 AM
New deficit projections could slow Obama's agendaThat ObamaCare dawg just won't hunt. We've been telling 'em this for decades now, starting with HillaryCare in '92.
WASHINGTON (Reuters) - The White House and U.S. Congress will issue separate budget estimates on Tuesday that could slow President Barack Obama's domestic policy proposals as he faces increased skepticism among lawmakers.
The reports by the White House budget office and the nonpartisan Congressional Budget Office are expected to show the government will spend a record $1.6 trillion more than it collects this year and nearly double its outstanding debt over the next 10 years.
The grim fiscal picture could provide further fodder to opponents of Obama's nearly $1 trillion healthcare overhaul, including fiscally conservative members of his own Democratic party, who say the nation must get its existing healthcare and retirement programs under control before extending them.
OH, also, have you heard? Michael Jackson is still dead.
Who knew?
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