Greg Mankiw points out that while Barack Obama’s budget promises to increase the national debt by more than $9 trillion over the next ten years, even that figure relies on rosy growth projections that overstate tax revenues. I’ll refer you to Mankiw for the specific numbers. On the avera...

link in title WASHINGTON -The administration insists it isn't so, but some private economists are wondering if the Obama administration has brought "Rosy Scenario" back to town. In unveiling his budget, President Barack Obama pledged to bring "honesty and fairness" back to the budget process by gett...