At the cost of looking like he is increasing the deficit by an additional $70 million dollars, President Obama has banned certain accounting tricks, started by the Carter Administration but brought to an art form during the last Bush presidency. In particular, the AMT is going to see an overhaul, bringing its account in line with its reality.
This is a great step forward in fixing our overall economic crisis: properly recognizing our debts.
http://www.nytimes.com/2009/02/20/us/politics/20budget.html?_r=2&partner=rss&emc=rss
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