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The national debt is now over 15 trillion! In your opinion, exactly what in terms of specifics has caused this debt. Specifically, what events/spending led to the debt to increase under certain presidents?
The national debt is now over 15 trillion! In your opinion, exactly what in terms of specifics has caused this debt. Specifically, what events/spending led to the debt to increase under certain presidents?
Tax cuts (with no attempt to cut spending) and the war spending are the largest contributors to the recent rise in debt.
jojajn, since when did the President have direct control over spending increases?
Can you post a similar graph with control of congress and the house?
Quote:
The President proposes the budget for the government to the congress, which can amend it before passing. The U. S. Constitution in Article 1, Section 7 grants exclusive right to originate revenue related bills to the House of Representatives; the President's proposals are an indication of spending desired, but it is the House which defines the spending through the final wording of the bills. Since the budget resolution is a “concurrent” congressional resolution, not an ordinary bill, it does not go to the President for his signature or veto.[10] While this leaves substantial room for the legislature to change the deficit, congressional historian Louis Fisher observes that, "Congress rarely appropriates more than what the President requests."
Which makes your chart irrelevant to the question you are asking!
You need the FULL picture (truth) in order to answer. But nice try at trolling!
We can't discuss what caused the deficit through 2008? Are you saying there is nothing to be learned from history?
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