Home > Economy, Obama administration assclownery, obama blame game, Obama is arrogant, Obama is clueless > CBO estimates Obama 2013 budget will hit economic growth

CBO estimates Obama 2013 budget will hit economic growth

“The nonpartisan Congressional Budget Office said Friday that President Obama’s 2013 budget will hurt the economy in the long term, arguing the larger deficits it would produce would reduce the amount of capital available to businesses.

After five years, the CBO says the Obama proposals would reduce economic output by between 0.5 percent and 2.2 percent. “

Via The Hill

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