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Old 07-20-2009, 08:38 AM
 
Location: Chicagoland
41,325 posts, read 44,966,939 times
Reputation: 7118

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GOV'T SPENDING SHATTERS POSTWAR RECORDS - New York Post

http://www.nypost.com/seven/07192009/photos/009_graphic.jpg (broken link)

Quote:
The legislators are on pace to burn through a record $4 trillion in fiscal year 2009 -- approximately $1 trillion more than 2008's history-making expenditure, according to the White House Office of Management and Budget.

But no other year comes close to matching 2009's $3.997 trillion gusher -- a spending binge that's helped put Congress on track for a record $1.8 trillion deficit.

By way of comparison, in fiscal year 2008, Congress tore through a total of $3 trillion with a then-record deficit of $458 billion, according to White House figures.

And the amount of government debt held by the public will have ballooned from $5.8 trillion to $8.5 trillion in less than a year.
Now, these must be numbers the dems/libs are proud of.

Remember when obama would make comments on the campaign trail about returning to an era of fiscal responsibility, rejecting the out of control spending indicative of years past, not saddling future generations with massive debt?

Can we all agree that was the biggest shovel of horsesh*t - ever?
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