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The White House has delayed for at least a month the release of its mid-year budget review, the Associated Press reports. Conveniently, that's after Congress is scheduled to leave for recess. So just as the Obama administration embarks on a campaign to arm-twist Senators and Representatives to rush through (in three weeks!) health care legislation that would overhaul one-sixth of the nation's economy, the administration is delaying the release of a report that will highlight what a fiscal mess we're in.

View all comments (9) | Leave a comment

Tim| 7.20.09 @ 12:18PM

Republican or Democrat- the only way out of the debt trap we are in is massive inflation. Obama's willing to print money and get the ball rolling, Republicans (not conservatives) are secretly grateful, the RINOs openly supportive.

In 2037 an ER visit will cost $100,000, a slice of pizza $5,000. In those days your $3,000 a month social security pension will get you a Coke and candy bar.

Tim| 7.20.09 @ 12:19PM

On the plus side we'll all be millionaires.

Pingback| 7.20.09 @ 12:53PM

The White House is trying to avoid the ugly truth… | Political Byline links to this page. Here’s an excerpt:

…Others: Political Punch, Hot Air, Right Pundits, Wizbang, The Foundry, On Deadline, Don Surber, QandO, YID With LID, NewsBusters.org, JammieWearingFool, Betsy’s Page, Pajamas Media, Say Anything, AmSpecBlog, Riehl World View and Gateway Pundit July 20th, 2009 | Tags: economics, Economy, Obama, Obama Administration, Opinion, Politics | Category: Economy, Obama, Obama Administration, Opinion, Politics,…

Pingback| 7.20.09 @ 11:21PM

Blogometer: 7/20: The Cost Of Delay / National Journal « Three Fish Limit links to this page. Here’s an excerpt:

…Malkin, Morrissey, Hewitt, Riehl) are excited that the new Washington Post /ABC News poll indicates that Pres. Obama’s approval rating on health care is dropping. Conservative bloggers ( Morrissey, Klein, Gateway Pundit ) are criticizing the Obama admin. for delaying the release of the annual midsummer budget update. Conservative bloggers ( Malkin, Erickson, Hawkins) are criticizing the American…

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More Blog Posts by Philip Klein

http://spectator.org/blog/2009/07/20/obama-to-congress-delay-for-me
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