Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion (Congress, Barack Obama)

[CheyDee]

Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

"President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system."

According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout."

"The Congressional Budget Office--based on figures from Obama’s own Office of Management and Budget---gives a different assessment."

"In fact, CBO reported that as of now $65 billion in TARP funds remain outstanding."

More lies.

[jt800]

Obama is completely clueless and will say anything, even lie, to keep his job screwing over the American people.

On the Letterman Show recently, he didn't even know what the deficit was!!

[CheyDee]

It seems all he does is lie.

I saw that on Letterman and couldn't believe it.

[jt800]

PS: Contrary to what Obama has told the public, General Motors STILL owes us money too.

[Vejadu]

Originally Posted by jt800

Obama is completely clueless and will say anything, even lie, to keep his job screwing over the American people.

On the Letterman Show recently, he didn't even know what the deficit was!!

He knows that the deficit is; he just avoided the question knowing Letterman wasn't going to hold his feet to the fire since, ya know, the truth makes Obama look bad.

[InformedConsent]

Originally Posted by CheyDee

Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

"President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system."

According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout."

"The Congressional Budget Office--based on figures from Obama’s own Office of Management and Budget---gives a different assessment."

"In fact, CBO reported that as of now $65 billion in TARP funds remain outstanding."

More lies.

That should be fun in tonight's debate.

[jt800]

Originally Posted by Vejadu

He knows that the deficit is; he just avoided the question knowing Letterman wasn't going to hold his feet to the fire since, ya know, the truth makes Obama look bad.

That's actually worse than being CLUELESS.

At least if he were clueless he could claim ignorance.

This way, he can only claim he's a bald-faced liar.

[wxjay]

And now we find out that $245 million of taxpayer money that went to a battery company for electric cars just filed for bankruptcy. *smh*

[01Snake]

This can't be. Obama never lies.

[Arjay51]

Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion

Which of course is reflected in the drop by 700 billion in the deficit. Oh, wait! The deficit still went up. So if all this money was retrieved, where did it go? Or is this just another example of Obama math and mythology? He say it so it must be true? Hardly.