Is Obama's budget too optimistic?
President Barack Obama laid out an ambitious budget blueprint last week, perhaps one that is too ambitious.
His $3.55 trillion in spending for the fiscal year 2010 that begins Oct. 1 will bring about a $1.7 trillion budget deficit. Unlike the state of Minnesota, which must end each two-year budget cycle in balance, the federal government borrows and pushes off debt to a future generation.
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