CBO Projects President's Budget Will Average One Trillion/Year Deficit

"The Congressional Budget Office completed its scoring of the budget submitted by President Obama. Its projection is a warning that the United States faces real economic trouble. Based on their numbers the United States will be running an annual deficit of approximately One Trillion Dollars/Year (over 60% higher than the President's projection).

"To put that into perspective, during the heavy spending Bush years the highest deficit was $459 billion dollars. Once Barack Obama became President, and was able to get his hands on the second half of the 2009 budget, deficits started exceeding the trillion dollar level. Obama's budget above makes the trillion dollar figure seem common place."