Research

… and what you’ll see is a red ink tsunami coming soon. Late on Friday afternoon, CBO came out with their analysis of the president’s budget where they found that the ten year deficit caused by the President’s spending plan will be $1.2 trillion higher than what the administration estimated.  According to CBO, Obama’s binge spending will result in a ten year deficit of $9.76 trillion.

But back in November, the White House pledged it would “pivot” its focus toward deficit reduction. Here’s what Politico reported on November 13, 2009:

President Barack Obama plans to announce in next year’s State of the Union address that he wants to focus extensively on cutting the federal deficit in 2010 … according to top aides involved in the planning.

So much for that “pivot.” Instead of dealing with what’s being described as “unsustainable” deficits that’s setting “runaway records,” Obama is still pushing his $2.5 trillion government-run health care plan that will bust the budget. As we showed you last Friday, it doesn’t matter what Obama says he’ll pivot to; he’ll just keep on pushing his liberal binge spending, government takeover agenda.