Smoke and Mirrors in Obama’s Budget?

Here are five examples of potentially creative accounting.

Jar_of_CoinsPresident Obama’s proposed $3.7 trillion dollar federal government budget works some economic magic, from disappearing programs to mystery funding sources.

Here’s a look at five key head-scratchers in the 2012 budget:

1. Disappearing–reappearing funding
2. Poof! It’s a tax
3. Juggling the Post Office budget
4. Rose-colored economic assumptions
5. Mortgage help goes up in smoke

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Source: Ron Scherer | The Christian Science Monitor