Congressional Budget Office Project Higher Deficits For Obama'a Budget

The Congressional Budget Office released new projections saying that the deficit Obama had calculated about a month ago was significantly less then it should have been. They are projecting a $9.3 trillion in deficits over the next ten years. That is $2.3 trillion more than Obama had said. The deficit will not drop below 4% of the GPD, a number thought to be unsustainable if not out right dangerous.

More at http://www.iht.com/articles/ap/2009/03/20/business/Obama-Budget.php.