Review & Outlook: The Democratic Fisc (original) (raw)
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The White House budget office offers a scorecard on Obamanomics.
Updated July 26, 2010 12:01 am ET
Democrats have been running Congress for nearly four years, and President Obama has been at the White House for 18 months, so it's not too soon to ask: How's that working out? One devastating scorecard came out Friday from the White House, in the form of its own semi-annual budget review.
The message: Tax revenues are smaller, spending is greater, and the deficits are thus larger than the White House has been saying. No wonder it dumped the news on the eve of a sweltering mid-July weekend.
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