News? What news?

The release of the Obambudget update, due in mid- July, has been postponed until late August, when Congress is away and voters are on vacation. White House spokesman say the delay has nothing to do with the fact that the update will reflect much larger deficits and unemployment rates than predicted in May and say instead that the new White House dog ate the first copy. “Like all things,” the spokesman said, “this too shall pass and when it does we’ll clean it off and post it, you betcha.”

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