Obama understated deficits by $2.3 trillion; now pushes yet more wasteful spending

The Congressional Budget Office reported last week that Obama has understated budget deficits “by more than $2.3 trillion over the upcoming decade,” and that “if Obama’s February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years — an average of almost $1 trillion a year.”

Since then, Obama has intervened in Libya, where, in just one day, America “launched 112″ Tomahawk missiles at a “cost of $1 million to $1.5 million apiece.” Later, a U.S. military jet worth millions crashed in Libya (its crew survived).