"The Congressional Budget Office placed a new hurdle in front of President Obama’s agenda on Friday, calculating that the White House’s tax and spending plans would create deficits totaling $2.3 trillion more than the president’s budget projected for the next decade."- Jackie Calmes, New York Times.
There are many against the presidents plan, one of these individuals is Republican Senator Judd Gregg of New Hampshire. He believes this forecast proves the choices the Obama administration has made for the economy are poor ones and will negatively impact future generations.
Calmes also reported that long term predictions have a tendency to be unreliable, but they set a base for debates between the two parties. It basically gives them a reason to argue with each other.
Stacie Ayala
Journalism 311 Student
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