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CuttingTheDeficit News

CuttingTheDeficit News From AOL News

Opinion: President's Budget Is a Start, at Least

Feb 1st 2010 – 5:16PM
AFP / Getty Images

AFP / Getty Images

(Feb. 1) -– The president's budget elevates the issue of fiscal responsibility (good), but fails to achieve it (not good). President Obama proposes spending $3.8 trillion next year and borrowing $1.3 trillion of that. The massive deficits the nation now faces would gradually fall to $706 billion in 2014, before...

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