111th Congress added more debt than first 100 Congresses COMBINED

[(R)IGHTeous 1]

Take a gooood gander there lefties. While I'm sure this type of fiscal suicide pleases yall in the name of some type of "equality", I would still like to see yall explain away this insanity, or still, somehow claim that this treasonous, socialist, epic fail is ANYTHING other than THAT.


(CNSNews.com) - The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.

That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.

The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.

In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.

111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S. | CNSnews.com

 

[Common Sense]

nice try with that fuzzy math.

Under GWB the US debt accumulated was $4 trillion.
"On the day President Bush took office, the national debt stood at $5.727 trillion. The latest number from the Treasury Department shows the national debt now stands at more than $9.849 trillion. That's a 71.9 percent increase on Mr. Bush's watch."

Bush Administration Adds $4 Trillion To National Debt - Couric & Co. - CBS News

R1 = FAIL

 

[(R)IGHTeous 1]

nice try with that fuzzy math.

Under GWB the US debt accumulated was $4 trillion.
"On the day President Bush took office, the national debt stood at $5.727 trillion. The latest number from the Treasury Department shows the national debt now stands at more than $9.849 trillion. That's a 71.9 percent increase on Mr. Bush's watch."

Bush Administration Adds $4 Trillion To National Debt - Couric & Co. - CBS News

R1 = FAIL

^^^^^^^

Take yet another good look lefties. Here is "Common Sense" the same moron I pwned in our lil SS privatization debate he ran from. KNOWING HE CAN'T REFUTE MY FACTS, HE DEFLECTS, AND TRIES TO SWITCH THIS FROM CONGRESS, TO A PRESIDENT.

My OP stands, Common Sense fails in uncommonly stupid fashion.

 

[(R)IGHTeous 1]

And for extra good pwny measure, Ima expose CS's sad attempt @ a rebuttal (FROM CBS) as BS:

Budget 2011: Past Deficits vs. Obama’s Deficits

But not only does President Obama’s budget fail to reduce deficits “overnight”, his budget actually moves them in the opposite direction. President Obama’s budget would:

* Permanently expand the federal government by nearly 3 percent of gross domestic product (GDP) over 2007 pre-recession levels;
* Borrow 42 cents for each dollar spent in 2010;
* Leave permanent deficits that top $1 trillion in as late as 2020;

The chart above compares the President’s budget deficit projections to the Congressional Budget Office’s budget deficit projections under current law. In other words, the policy changes embodied in President Obama’s 2011 Budget puts our country $2.5 trillion deeper in debt by 2020 than it other wise would be if current law were left unchanged.

President Obama’s bailouts, massive stimulus spending, and other dangerous interventionist policies (some of which began in 2008) have made Americans less economically free. The 2010 Index of Economic Freedom analyzes just how economically “free” a country is, and this year America saw a steep and significant decline, enough to make it drop altogether from the “free” category, the first time this has happened in the 16 years we’ve been publishing these indexes. The United States dropped to “mostly free.” As the Index shows, lack of freedom has a direct, negative effect on job growth. It should be no surprise that President Obama’s policies have taken us down the path to fewer jobs and record deficits.

Budget 2011: Past Deficits vs. Obama’s Deficits in Pictures | The Foundry: Conservative Policy News.

 

[Common Sense]

Ive pwned your ass so many times its ridiculous. your article stated Obama added $3.22 Trillion to the US debt, and claimed it was more than all other congresses combined. while i simply pwned you by showing and proving that GWB added $4 trillion to debt. hmmmm basic math shows that $4 trillion is more than $3.22 trillion.

and your idea of privatization of SS lacked an real substance or spending controls. you simply wanted to give the tax dollars form SS to bankers on wall street. yup, after the govt had to bail them out, great idea jackass.

youre not only a failure, but an epic failure.

wow, its great seeing as you want to try and predict the future. there is not budget past this current fiscal year. and we all remember that Bush pushed through the war spending under emergency spending and it was not added to the budget or the deficit until Obama did so.


the foundry, yet another highly reputable website for conservatives

 

[(R)IGHTeous 1]

Ive pwned your ass so many times its ridiculous. your article stated Obama added $3.22 Trillion to the US debt, and claimed it was more than all other congresses combined. while i simply pwned you by showing and proving that GWB added $4 trillion to debt. hmmmm basic math shows that $4 trillion is more than $3.22 trillion.

and your idea of privatization of SS lacked an real substance or spending controls. you simply wanted to give the tax dollars form SS to bankers on wall street. yup, after the govt had to bail them out, great idea jackass.

youre not only a failure, but an epic failure.

^^^^^^^

Ima give you one last chance to save some face here sheep. Not only are you unable to refute my facts, continue to deflect in that you're tryna talk bout GWB instead of HIS Congress which spent NOWHERE NEAR as much as the 111th, but my last post blows your silly CBS math outta the water.

 

[(R)IGHTeous 1]

I should book mark this thread.....any lefties wanna rush in here and drag Cs's seizing sore loser self outta here?

Again, HE KNOWS HE'S BEAT, SO HE DEFLECTS AND TRIES TO DIVERT TO GWB'S SPENDING, AS OPPOSED TO THE 110TH CONGRESS' COMPARED TO THE 111TH CONGRESS'. Which is the WHOLE POINT of this thread

Not only is that obvious "fuck I'm beat code" but I then proceed to annihilate his saaaaad excuse for a source:

CBS-HOME OF RATHERGATE.

 

[(R)IGHTeous 1]

I repeat, does any embarrassed lefty wanna mosey on in here and offer a REAL response to my factual, accurate OP?

"Common Sense" just made a permanent home for himself on my pwned belt looks like. Anyone else wanna join?

 

[The Infidel]

Facts will trump BS any day of the week.... nice job!

 

[(R)IGHTeous 1]

Facts will trump BS any day of the week.... nice job!

Thanks man.

Still waiting on an even SEMI-intelligent lefty to weigh in here......................................................................................................................................................................................................................................................................

 

[Common Sense]

"The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury."

your exact words moron, you said the $3.22 trillion worth of debt is more than the first 100 combined.

show me a news source not called the foundry, or fox news or sean hannity that backs this up?

then also show me how the bush years stack up to this congress, then again you also have to add in the wars, which he doesnt do. once again, nice fuzzy math.

since your math doesnt account for inflation, you again fail:

the debt from 1940 to 1976 adjusted for inflation is more than $3.22 trillion.

 

[Common Sense]

if youre idiotic mind is referring the deficit, then yes the deficit for the 111th congress was $3.22 trillion and was more than the first 100 combined, when adjusted for inflation.

maybe you should education yourself on the difference between debt and deficit.

 

[California Girl]

Facts will trump BS any day of the week.... nice job!

Thanks man.

Still waiting on an even SEMI-intelligent lefty to weigh in here......................................................................................................................................................................................................................................................................

I think, perhaps, you have bored them all to death.

 

[(R)IGHTeous 1]

Common Sense wrote:

The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury."

your exact words moron, you said the $3.22 trillion worth of debt is more than the first 100 combined.

-SIGH-

I thought you woulda learned your lesson by now, oh well. Link/image blitz pwning time:

Related:

Projected Deficit:
In the first independent analysis, the nonpartisan Congressional Budget Office concluded that President Obama's budget would rack up massive deficits even after the economy recovers, forcing the nation to borrow nearly $9.3 trillion over the next decade.
Projected Deficit - washingtonpost.com

show me a news source not called the foundry, or fox news or sean hannity that backs this up?

(Newsroom America) -- Though it is being hailed as the most productive legislature in a generation, the 111th Congress was also one of the hardest on the U.S. Treasury, having added more red ink to the nation's debt than the country's first 100 congresses combined, a report said Tuesday.

Cybercast News Service said an analysis of the 111th Congress' fiscal legislation found that lawmakers added more than $3.2 trillion to the nation's debt, or $10,429.64 more per person.

http://www.newsroomamerica.com/story/88460/report:_111th_congress_added_more_debt_than_first_100_congresses.html

then also show me how the bush years stack up to this congress, then again you also have to add in the wars, which he doesnt do. once again, nice fuzzy math.

These are the true deficits: Bush $800B, Obama $1.4T
By Dick Morris - 02/02/10 06:37 PM ET

President Barack Obama is being disingenuous when he says that the budget deficit he faced “when I walked in the door” of the White House was $1.3 trillion. He went on to say that he only increased it to $1.4 trillion in 2009 and was raising it to $1.6 trillion in 2010.

Rep. Joe Wilson (R-S.C.) might have said, “You lie,” but we’ll settle for “You distort.”

(As Mark Twain once said, there are three kinds of lies: “lies, damn lies and statistics.&#8221

Here are the facts:

In 2008, George W. Bush ran a deficit of $485 billion. By the time the fiscal year started, on Oct. 1, 2008, it had gone up by another $100 billion due to increased recession-related spending and depressed revenues. So it was about $600 billion at the start of the fiscal crisis. That was the real Bush deficit.

But when the fiscal crisis hit, Bush had to pass the Troubled Asset Relief Program (TARP) in the final months of his presidency, which cost $700 billion. Under the federal budget rules, a loan and a grant are treated the same. So the $700 billion pushed the deficit — officially — up to $1.3 trillion. But not really. The $700 billion was a short-term loan. $500 billion of it has already been repaid.

So what was the real deficit Obama inherited? The $600 billion deficit Bush was running plus the $200 billion of TARP money that probably won’t be repaid (mainly AIG and Fannie Mae and Freddie Mac). That totals $800 billion. That was the real deficit Obama inherited.

These are the true deficits: Bush $800B, Obama $1.4T - TheHill.com

A REAL EYE OPENER ! Bush debt vs Obama debt

The Washington Post babbled again today about Obama inheriting a huge deficit from Bush.
Amazingly Enough, a lot of people swallow this nonsense. So once more, a short civics lesson. Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democratic Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For FY 2009, though, Nancy Pelosi and Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the FY 2009 budgets. And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete FY 2009. Let’s remember what the deficits looked like during that period:

After beginning with a Clinton-era surplus of $128 billion in fiscal year 2001, the Bush administration racked up deficits of $158 billion in 2002, $378 billion in 2003, $413 billion in 2004, $318 billion in 2005, $248 billion in 2006, $162 billion in 2007, and $410 billion in 2008.

The current administration would kill to have such small numbers. President Barack Obama is unveiling his budget this week, and, in addition to the inherited Bush deficit, he’s adding his own spending at an astonishing pace, projecting annual deficits well beyond $1 trillion in the near future, and, in the rosiest possible scenario, a $533 billion deficit in fiscal year 2013, the last year of Obama’s first term.

And what about the national debt? It increased from $5 trillion to $10 trillion in the Bush years, leading to dramatically higher interest costs. “We pay in interest four times more than we spend on education and four times what it will cost to cover 10 million children with health insurance for five years,” Pelosi said in 2007. “That’s fiscal irresponsibility.”

Now, under Obama, the national debt — and the interest payments — will increase at a far faster rate than during the Bush years.

“We thought the Bush deficits were big at the time,” Senate Minority Leader Mitch McConnell, told me this week as he prepared to attend Obama’s Fiscal Responsibility Summit. “But this is going to make the previous administration look like rank amateurs. We could be adding multiple trillions to the national debt in the first year.”

At some point last week, the sheer velocity of Obama’s spending proposals began to overwhelm even experienced Washington hands. In the span of four days, we saw the signing of the $787 billion stimulus bill, the rollout of a $275 billion housing proposal, discussion of Congress’s remaining appropriations bills (about $400 billion) and word of a vaguely-defined financial stabilization plan that could ultimately cost $2 trillion. When representatives of GM and Chrysler said they might need $21 billion more to survive, it seemed like small beer.

The numbers are so dizzying that McConnell and his fellow Republicans are trying to “connect the dots” — that is, to explain to the public how all of those discrete spending initiatives add up to a previously unthinkable total. Obama’s current spending proposals, Republicans point out, will cost more than the United States spent on the wars in Iraq and Afghanistan, the general war on terror and Hurricane Katrina in the last seven years. And that’s before you throw in the $2 trillion fiscal stabilization plan.
Obama's trillions dwarf Bush's 'dangerous' spending | Washington Examiner

NOW:
AGAIN, you do nothing to try to absolve the 111th CONGRESS from the OP of my OP, cuz you know you can't. Deflecting and tryna compare a Prez. to a Congress is just sad. As I've proved time and time again, Obama spends/spent waaaay more than GWB has, and so has this failed, horrid, Jackass Congress. MAN UP, admit you're wrong, beat, you obviously can't find any proof that the last GOP Congress outspent this one, cuz you know they didn't.

 

[(R)IGHTeous 1]

^^.......Tis teh greatest pwnage I have dealteth to date......^^

I doubt I will be able to find a graphic to properly detail such win...........I must look.....................

 

[(R)IGHTeous 1]

Also, future reference for any other lefty sheep who wanna try to shoot me, the messenger.....

My obvious OP of my OP was that BOTH debt and deficit (MAINLY DEFICIT) has skyrocketed under Obama, and this (D) Congress. This is obviously big news, damming news, so I posted it.

If an article makes a mistake, like confusing the debt/deficit, SHOOT THEM, even tho I posted how both are @ records......

 

[edthecynic]

And for extra good pwny measure, Ima expose CS's sad attempt @ a rebuttal (FROM CBS) as BS:

Budget 2011: Past Deficits vs. Obama’s Deficits

Again the dishonest Heritage Foundation phony deficit chart which leaves out Bush's OFF BUDGET DEFICIT SPENDING. 2008 alone had $1 TRILLION in OFF BUDGET DEFICIT SPENDING!!!!!!!!

The chart is a perfect example of how STUPID and GULLIBLE a person must be to be a CON$ervative. Off budget DEFICIT SPENDING is NOT "deficit spending!"

 

[Common Sense]

i like graphs too:

To calculate how much responsibility Democrats had, we examined the votes for the big-ticket items.

• The Omnibus. Congress did not complete work on nine of the 13 appropriations bills before Obama was elected, so the work was delayed until he took office and the bills were bundled together into what's known as an omnibus spending bill. Congress passed the $410 billion package with support from 16 Republicans in the House. The Senate approved the measure by voice vote, so there's no way to know how many Republicans supported it.

• The TARP . President Bush asked for the TARP funding, and in both chambers, Republicans voted for the measure (91 House Republicans and 34 Senate Republicans, to be exact).

• The economic stimulus bill. It passed with very little GOP support; no House Republicans voted for it, and only three Senate Republicans did.

• War funding . It passed in June 2009 with only five GOP votes in the House and 36 in the Senate.

We should mention that today's deficit is also the result of policies put in place under the Bush administration such as tax cuts, the war in Iraq and new Medicare prescription drug coverage.

Alan Auerbach, an economist at the University of California at Berkeley, discussed the predicament in a June 9, 2009, New York Times article about whom to blame for the deficit:

"Bush behaved incredibly irresponsibly for eight years," he said. "On the one hand, it might seem unfair for people to blame Obama for not fixing it. On the other hand, he’s not fixing it."

That brings us back to the Freedom Project's claim. By one standard — total dollars — the group is right that fiscal year 2009 will have the largest deficit in history. But it comes up second if you measure it by share of GDP, as many economists prefer. As for the second part, it's not correct to blame all the spending on Democrats. Yes, the Obama administration and the Democratic-led Congress are responsible for a good chunk of that spending — but many elements were backed by lots of Republicans, including President Bush. The Freedom Project glosses over this important detail, so we rate the claim Half True.
PolitiFact | Freedom Project claims the deficit is the biggest in history ? and that Democrats are to blame

 

[uscitizen]

"The federal government has accumulated more new debt--$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury."

your exact words moron, you said the $3.22 trillion worth of debt is more than the first 100 combined.

show me a news source not called the foundry, or fox news or sean hannity that backs this up?

then also show me how the bush years stack up to this congress, then again you also have to add in the wars, which he doesnt do. once again, nice fuzzy math.

since your math doesnt account for inflation, you again fail:

the debt from 1940 to 1976 adjusted for inflation is more than $3.22 trillion.

Yep he said all other congresses combined.

 

[xotoxi]

Who cares?