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I found this telling...

"Our estimates of deficits under the President�s budget exceed those anticipated by the Administration by $2.3 trillion over the 2010-2019 period. The differences arise largely because of differing projections of baseline revenues and outlays. CBO�s projection of baseline deficits exceeds the Administration�s estimate (prepared on a comparable basis) by $1.6 trillion."

Which I'm reading to mean that the actual difference in their estimates between current law and Obama's proposed budget is only $700 billion. Much less of a sexy number than $2.3 trillion to be sure, but probably more accurate for the point you're trying to make.


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