Quantcast

 Powered by Max Banner Ads 

Transparency: White House Putting Off Release Of Budget Update

July 20, 2009 · Filed Under Economy, Politics · Comment 

This from the AP:

The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today’s bleak landscape.

The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.

The release of the update – usually scheduled for mid-July – has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.

Putting off the release so you can keep lying to the American people about the numbers, now that’s change I can believe in.


 Powered by Max Banner Ads