On April 13, 2011 President Obama proposed a long-term deficit and debt reduction framework that would reduce spending from the current-law baseline by a total of only $1.35 trillion over ten years. That's less than the deficit in the current year!
President Obama's 2011 ten-year budget plan has an average deficit of $1.4 trillion (9.6% of GDP) in the first three years. That's a lot of stimulus, but will it produce recovery?
On April 13, 2011 President Obama proposed a long-term deficit and debt reduction framework that would reduce spending from the current-law baseline by a total of only $1.35 trillion over ten years. That's less than the deficit in the current year!
DanDyer4 10 months ago
the new deal
daymadam 1 year ago
President Obama's 2011 ten-year budget plan has an average deficit of $1.4 trillion (9.6% of GDP) in the first three years. That's a lot of stimulus, but will it produce recovery?
DanDyer4 2 years ago