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http://cnsnews.com/news/article/white-house-underestimated-2012-deficit-7695b-or-138-percent
http://usdebtclock.org/
In February 2009, Obama submitted his first budget to Congress. It boldly predicted that the federal deficit would decrease dramatically during Obama’s term, dropping from an estimated $1.841 trillion in fiscal 2009 to $557.4 billion in fiscal 2012.
However, in the fiscal 2013 budget that Obama submitted to Congress today, the White House is predicting that the federal deficit for fiscal 2012 will not be $557.4 billion after all. Instead, the White House says, it will be $1.3269 trillion.
That means Obama’s fiscal 2010 budget proposal missed on its fiscal 2012 deficit prediction by $769.5 billion--an error of 138 percent.
http://usdebtclock.org/