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You keep saying that - and yet it is clear I've read the CBO report. I understand it's just an easy out for you NOT to discuss the actual numbers and I can understand why you don't want to do that - it is a crap sandwich that is hard to swallow, unless you wash it down with your kool-aid.
You keep saying that - and yet it is clear I've read the CBO report. I understand it's just an easy out for you NOT to discuss the actual numbers and I can understand why you don't want to do that - it is a crap sandwich that is hard to swallow, unless you wash it down with your kool-aid.
So you are simply ignoring the fact that FY2009 began on Oct 1st, 2008?
I would still like to know why no one response when I ask why did Obama lie to us all when he said he would run the WH and this government like we have to run our households.
Is Obama running America like we run our households then?
Wonder if this OBAMA DEBT has the new airplanes he wants on it?
Keep digging the hole, its getting bigger and bigger all the time.
What did we get for all this money? More layoffs, more food stamps then ever before? What did we get?
Since the Congressional Budget Office (CBO) last
issued its baseline projections, in January 2009, the outlook
for the budget deficit has deteriorated further.1
Enactment of stimulus legislation and omnibus appropriations,
a worsening of the economic outlook, and other
factors have increased CBO’s projections of the deficit by
more than $400 billion in both 2009 and 2010 and by
smaller amounts thereafter. As a result, if current policies
remain the same, CBO now anticipates that the deficit
will total almost $1.7 trillion (11.9 percent of gross
domestic product, or GDP) this year and $1.1 trillion
(7.9 percent of GDP) next year, the largest deficits as a
share of GDP since 1945 (see Table 1-1).
CBO has also analyzed the policy proposals outlined in
the President’s preliminary budget request.2 Under those
policies, the deficit would total $1.8 trillion (13.1 percent
of GDP) in 2009 and $1.4 trillion (9.6 percent of GDP)
in 2010. The cumulative deficit over the 2010–2019 projection
period would equal $9.3 trillion and would average
5.3 percent of GDP. Debt held by the public would
rise from 57 percent of GDP in 2009 to 82 percent of
GDP in 2019.
I've bolded the pertinent passages for those who a tone deaf.
That's all obama, baby.
Omnibus Appropriations - Obama's $4 TRILLION dollar budget.
I've bolded the pertinent passages for those who a tone deaf.
That's all obama, baby.
Omnibus Appropriations - Obama's $4 TRILLION dollar budget.
Let me try to explain this another way since you are incapable of learning about the deficit.
You claim Obama has spent 1.4 trillion.
On what, exactly, beyond the stimilus, which again is only 0.15 trillion to the deficit this year.
Show me where the CBO says Obama SPENT that much (1.25 trillion plus the stimulus).
Yes, he presides over that much deficit because of Bush, silly girl.
I don't know why I try - we've been down this road and you haven't picked anything up to this point.
I do recommend you get an economics book at some point.
Hey guys, the two party system does not work anymore. Both parties are just extensions of specials interest, wall street, and large corporations, if anyone thinks they have our interest at heart they must have been educated in a government run school. A good link to check out www.goooh.com you have to start somewhere.
I've bolded the pertinent passages for those who a tone deaf.
That's all obama, baby.
Omnibus Appropriations - Obama's $4 TRILLION dollar budget.
And if Bush had simply done a BETTER JOB managing the economy .... Obama would NEVER have been in this position of needing to run massive deficits.
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