Pioneer Editorial: Obama's budget too optimistic?
President Barack Obama laid out an ambitious budget blueprint last week, perhaps one that is too ambitious.
His $3.55 trillion in spending for the fiscal year 2010 that begins Oct. 1 will bring about a $1.7 trillion budget deficit. Unlike the state of Minnesota, which must end each two-year budget cycle in balance, the federal government borrows and pushes off debt to a future generation.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.