My Way News - White House putting off release of budget update
The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape.
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 on its August 7 summer recess.
Dear Leader is hoping desperately folks won't notice how badly he screwed the pooch these past six months.
Now we see the need for speed with all of his budget-busting ideas. He needed to get them passed before the reality check bounced.
Dear Leader lied, and our economy died. All Hail Dear Leader.