Obama yearly deficit exceeds Bush deficit by a factor of 3.5
Posted: Mon Feb 01, 2010 7:40 pm
With the Bush victory winding down in Iraq, what does Obama do?
Obama unveils 2011 budget with $3.83T in spending
He buys votes, rewards his cronies, and raises taxes.
Obama budget would impose host of tax increases
Of course the taxes are designed to hamstring the economy which is part of the left wing playbook to create a series of crisis in order to justify more nationalization of the economy.
Obama unveils 2011 budget with $3.83T in spending
The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year's then-unprecedented $1.41 trillion gap, a number which had dwarfed the previous record of $454.8 billion set in 2008 under former President George W. Bush.
The administration is forecasting that deficits over the next decade will add an additional $8.5 trillion to the national debt,
He buys votes, rewards his cronies, and raises taxes.
Obama budget would impose host of tax increases
Of course the taxes are designed to hamstring the economy which is part of the left wing playbook to create a series of crisis in order to justify more nationalization of the economy.