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| + | == www.amassdenver.com Obama Makes No Promises on a B == | ||
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| + | <p class="paragraph" data-pnum="1">Facing a mounting federal deficit that could top $1 trillion, President-elect Barack Obama called budget reform "a necessity" Tuesday and vowed to find new ways to restore fiscal discipline,air jordans for cheap.< p> | ||
| + | <p class="paragraph" data-pnum="2">But one thing Obama didn't promise was a balanced budget. Even if he scrubs the budget of all waste, fraud and abuse,<a href=" " target="_blank">cheap retro jordans< a>, he's unlikely to make a significant dent in the super-sized deficit.< p> | ||
| + | <p class="paragraph" data-pnum="3">"There's no way that he's going to be able to balance the budget in his first term. No one could,<a href=" " target="_blank">cheap jordans free shipping< a>," said Isabel Sawhill,<a href=" " target="_blank">amass denver< a>, a budget expert at the Brookings Institution. "It's simply not feasible."< p> | ||
| + | <p class="paragraph" data-pnum="4">While no one likes running massive deficits, Obama's aides argue that increased government spending is necessary to keep the economy from falling into a deeper recession. The new administration is working on the details of a massive recovery plan to create, or save, 2.5 million jobs. The economic stimulus package is expected to cost several hundred billion dollars and not be offset by the tax increases on wealthy families that Obama promised during the campaign.< p> | ||
| + | <p class="paragraph" data-pnum="5">"In the short run, we're facing a very large<ul> | ||
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