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White House says ´14 budget
deficit to be $583 billion

The Hill [Washington, DC], by Rebecca Shabad

Original Article

Posted By:KarenJ1, 7/11/2014 8:06:32 PM

The White House budget office on Friday projected the 2014 budget deficit would be $583 billion, about $66 billion less than projected earlier this year. In the mid-session review by the Office of Management and Budget, the administration found the deficit would be 3.4 percent of GDP and nearly $1 billion less than last year’s deficit. Acting OMB Director Brian Deese touted the recent decline in unemployment as a factor in the lower deficit projection. “Businesses have added nearly 10 million new jobs over the past 52 months,” he wrote in a blog post. Deese also cited rising home prices as lifting more

Comments:
Oh puhleeze!! These hacks lie so freely and easily it is just infuriating. Brian Deese touted the recent decline in unemployment?? Those figures are corrupted and are lies. What else would you expect from Deese who was a senior policy analyst for economic policy at the Center for American Progress and a hack who worked for the Obama campaign. That tells you all you need to know!

http://en.wikipedia.org/wiki/Brian_Deese

      


Post Reply  

Reply 1 - Posted by: texascunning, 7/11/2014 8:11:29 PM     (No. 9920448)

About the same time pigs start flying.

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Reply 2 - Posted by: M Stuart, 7/11/2014 8:22:34 PM     (No. 9920457)

LIAR.


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Reply 3 - Posted by: ColonialAmerican1623, 7/11/2014 8:33:41 PM     (No. 9920468)

Show US the proof.

Let´s see, $66 billion short and he wants a random $3.7 billion for border with a little going towards wildfires.

A fool and our money is soon parted. No idea what to do with OPM.



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Reply 4 - Posted by: krause, 7/11/2014 8:45:49 PM     (No. 9920477)

So we´re spending more than a half trillion more than we´re taking in. That´s terrific!

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Reply 5 - Posted by: fireboy, 7/11/2014 9:08:44 PM     (No. 9920512)

What budget? When did a budget get passed?

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