Monday, July 20, 2009

It's All Good

There wouldn't be any reason to hide anything, would there?

The administration's annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama's budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.

The release of the update — usually scheduled for mid-July — has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town Aug. 7 on its summer recess.
My faith in the power of Hope and Change is unshaken. Nothing to see here. These are not the budget numbers you are looking for.

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