Obama budget turning United States into Greece

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President Barack Obama is putting the U.S. on a course toward resembling the fiscal situation in Greece, one GOP senator charged Monday. Sen. Chuck Grassley (Iowa), the top Republican member of the Senate Finance Committee, said that the president's budget is making the U.S. budget like Greece's. Grassley tweeted Monday: Considering CBO analysis of Obama Budget tripling natl debt the Pres is "Greece-ing" the slide to American mediocracy.

The Congressional Budget Office's (CBO) director, Douglas Elmendorf, said last week that the fiscal policy in the U.S. is "unsustainable"...

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