On Thursday, President Obama released his budget blueprint for Fiscal Year 2010 at a price tag of anywhere from $3.5 trillion to $4 trillion. What kind of shock will this kind of debt have on our economy? How does the projected deficit compare to previous record deficits? Why does the price tag fluctuate? Is the increasing tax burden just on the rich or will all of us end up paying? How much could our energy bills rise? And what about more than $630 billion for government control of health care? We dig through the details with Bill Beach, director of the Center for Data Analysis at the Heritage Foundation.
