In order to deliver on his promise of a transparant budget process with no budget gimmicks, the president is doing the only thing he can do to hide the gigantic deficit that the nation faces: He is not going to release the mid-session review budget data. Brillant!

The administration’s annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama’s budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.
The release of the update – usually scheduled for mid-July – has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.
The administration is pressing for votes before then on its $1 trillion health care initiative, which lawmakers are arguing over how to finance.

The whole thing here.

Thank you to Carrie Conko for the tip.