Maybe Obama was a bit inebriated when he pledged that he is really serious about tackling the soaring U.S. Deficit next year?
Why not this year?
Obama has yet to take responsibility for his leadership crisis and continues to blame Bush for the deficit. What are the facts: During the first year of Obama’s watch, the federal budget deficit quadrupled in size from $459 Billion in 2008 to $1.85 Trillion Dollars last year.
How is Obama’s Deficit Reduction Team Doing? They need a Bailout. Via Tax Prof Blog