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    March 21, 2009 by  
    Filed under Serious

    Deficit Projected To Swell Beyond Earlier Estimates

    CBO Expects Trillions More in Borrowing

    By Lori Montgomery

    Washington Post Staff Writer

    Saturday, March 21, 2009; Page A01

    President Obamas ambitious plans to cut middle-class taxes, overhaul health care and expand access to college would require massive borrowing over the next decade, leaving the nation mired far deeper in debt than the White House previously estimated, congressional budget analysts said yesterday.

    Read the article at  U.S. Budget Deficit to Balloon, CBO Says – washingtonpost.com.

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