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Lawmakers said they are unlikely to go along with much of the president's final-year agenda, and Bush's plan omits several costly features, including tens of billions of dollars of the cost of the wars in Iraq and Afghanistan, that could drive the deficit even higher than the president's estimates. That would effectively delay until 2009 decisions on how to cope with short- and long-term financial problems, lawmakers and others said.
and
"A whole bunch of things they were putting off and hiding under the rug all these years are starting to pop back up," said Austan Goolsbee, an economist at the University of Chicago and chief economic adviser to Sen. Barack Obama (D-Ill.). "It's clear they're trying to shove as much of this as possible on to the next guy."
So this isn't even the actual budget we're discussing. This is his first proposal.
However, You seem to rate Bush's view of his budget over the CBO's, So I wonder why?
Dispute this:
On Jan. 7, 2009, two weeks before Obama took office, the Congressional Budget Office reported that the deficit for fiscal year 2009 was projected to be $1.2 trillion.
And
The large difference on the 10-year projection has to do with Bush administration tax cuts. The CBO creates its estimates based on current law, which means the CBO assumes that the Bush tax cuts will end in 2010 and everyone will start paying higher taxes in 2011 and going forward. The Obama administration, on the other hand, assumed in its baseline that those tax cuts would be renewed.
PolitiFact | Obama inherited deficits from Bush administration
The point is, the project was different than the Bush claim.
What? You mean the Bush budget wouldn't be accepted by the Democrat controlled Congress? How can that be? What exactly did the Democrat Controlled Congress accept? You want badly to buy the CBO numbers when as pointed out CBO didn't know what the stimulus would cost, didn't know how much of the 350 billion TARP money left to Obama would be spent by Obama, or what supplementals Obama would ask for. Amazing how Bush in 3 plus months generated a 1.2 trillion dollar deficit and how hard Obama tried not to spend that money. Keep spinning and ignoring reality. When you get off 2009 please let me know how Bush created the 2010-2011 budget deficits which total about 3 trillion