OBAMA'S "UNSUSTAINABLE" BUDGET A "RUNAWAY RECORD" OF DEFICITS, TAX INCREASES
The Associated Press: Obama Proposes Record-Breaking $1.56 Trillion Deficit "Topping Last Year's Then-Unprecedented $1.41 Trillion Gap." "President Barack Obama unveiled a multitrillion-dollar spending plan Monday ... The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year's then-unprecedented $1.41 trillion gap, a number which had dwarfed the previous record of $454.8 billion set in 2008 under former President George W. Bush. (Martin Crutsinger, "Obama's $3.8 Trillion Budget Includes Record Deficit," The Associated Press, 2/1/10)
AP: "Obama Budget Would Impost Host Of Tax Increases." (Stephen Ohlemacher, "Obama Budget Would Impose Host Of Tax Increases," The Associated Press , 2/1/10)







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