March 22, 2011 5:01PM 

# Return to Debt Mountain 

By [Tad DeHaven](https://www.cato.org/people/tad-dehaven) 

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[Last year I noted](../mountain-of-debt/) that the White House Office of Management and Budget homepage featured a call from the president to “invest in our people without leaving them a mountain of debt.” Yet, the Congressional Budget Office’s analysis of his then-current budget proposal showed that publicly held debt as a share of GDP would rise like the steep slope of a mountain under his policies.

The president’s latest budget proposal was released in February, and according to the [CBO’s preliminary analysis](http://www.cbo.gov/ftpdocs/121xx/doc12103/2011-03-18-APB-PreliminaryReport.pdf), Obama would once again leave “our people” with a mountain of debt:

![Media Name: Debt%20Obama.jpg](/sites/cato.org/files/styles/pubs_2x/public/download-remote-images/www.downsizinggovernment.org/155835193655/Debt%2520Obama.jpg?itok=hgYtyy3c) 

Given that the quote is clearly embarrassing, one would think that the White House would have taken it down by now. But [it’s still there](http://www.whitehouse.gov/omb/).

##### Related Tags 

[Tax and Budget Policy](https://www.cato.org/tax-budget-policy) 

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