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The reason they can say this is because 1 trillion in spending was added to deficit spending Obama's first year, an increase of 200%. It's pretty much the same since. Technically growth of government spending has been small but only because the baseline is so high compared to previous budgets, they don;t have to raise it because it's already so much higher.
NONE of these bozos could balance thier own checkbook let alone the budget. Oh speaking of budgets the US government hasn't had one for THREE YEARS now. It has gotten beyond insane and ANYONE who argues it isn't or tries to blame either party is just blind. They ALL deserve to be voted to the curb this election. Sadly it won't happen AGAIN.
NONE of these bozos could balance thier own checkbook let alone the budget. Oh speaking of budgets the US government hasn't had one for THREE YEARS now. It has gotten beyond insane and ANYONE who argues it isn't or tries to blame either party is just blind. They ALL deserve to be voted to the curb this election. Sadly it won't happen AGAIN.
nonsense, while its cute to blame both parties, lets be honest. Republicans are responsible for the majority of the debt.
GWB and Reagan grew the government more than any other modern day prez(with the exception of FDR).
A Republican prez hasn't balanced the budget since Nixon.
GOP=all talk, no walk.
As specified in law, and to provide a benchmark against which potential legislation can be measured, CBO con- structs its baseline estimates of federal revenues and spending under the assumption that current laws gener- ally remain unchanged. On that basis, the federal budget is projected to show a deficit of nearly $1.2 trillion in 2012 (see Table 1). Relative to the nation’s gross domestic product, that shortfall will equal 7.6 percent—about
1 percentage point less than the deficit recorded last year but still higher than any deficit between 1946 and 2008. In CBO’s baseline, deficits are projected to drop mark- edly in the next few years and to average 1.4 percent of GDP over the 2013–2022 period. With deficits small relative to the size of the economy, the amount of federal debt held by the public is projected to drop from nearly 76 percent of GDP in 2013 to 61 percent in 2022—still higher than in any year between 1953 and 2009.
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