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Old 03-19-2011, 07:10 AM   #1
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Post CBO: Obama understates deficits by $2.3 trillion

A new assessment of President Barack Obama's budget released Friday says the White House underestimates future budget deficits by more than $2 trillion over the upcoming decade.The estimate from the nonpartisan Congressional Budget Office says that if Obama's February budget submission is enacted into law it would produce deficits totaling $9.5

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