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	<title>Budget director Archives - Larry Roibal</title>
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		<title>Peter Orszag</title>
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		<pubDate>Wed, 26 Aug 2009 12:00:24 +0000</pubDate>
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		<category><![CDATA[Budget director]]></category>
		<category><![CDATA[Peter Orszag]]></category>
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					<description><![CDATA[<p>Ball point pen on the morning newsprint President Obama's budget director Peter Orszag was the bearer of bad news yesterday when he announced via his agency's website that the projected deficits are even higher than previously forecast. Citing the dire fiscal situation that they inherited, The ten year tab climbed by another two trillion dollars. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.roibal.us/peter-orszag-2/">Peter Orszag</a> appeared first on <a rel="nofollow" href="https://www.roibal.us">Larry Roibal</a>.</p>
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<em> Ball point pen on the morning newsprint</em></p>
<p>President Obama's budget director Peter Orszag was the bearer of bad news yesterday when he announced via his agency's website that the projected deficits are even higher than previously forecast. Citing the dire fiscal situation that they inherited, The ten year tab climbed by another two trillion dollars. I don't know about you, but these numbers seem abstract to me. A trillion dollars is a million million. If you laid one dollar bills end to end, you could make a chain that stretches from earth to the moon and back again 200 times. One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills. The deficits are now projected to total 9.05 trillion dollars over the next ten years.</p>
<p>Tomorrow, Ted Kennedy</p>
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<p>The post <a rel="nofollow" href="https://www.roibal.us/peter-orszag-2/">Peter Orszag</a> appeared first on <a rel="nofollow" href="https://www.roibal.us">Larry Roibal</a>.</p>
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