This exercise shows a projected budget deficit in 2015 of $418 billion. Seems optimistic. The fiscal year 2010 budget deficit was $1.3 trillion, and the conse

This exercise shows a projected budget deficit in 2015 of $418 billion. Seems optimistic. The fiscal year 2010 budget deficit was $1.3 trillion, and the consensus estimate for the hole in fiscal 2011 is another $1.3 trillion...