2 More liberal myths, Wars and deficits, 2009 budget, who owns it

Discussion in 'Politics' started by JRK, May 24, 2011.

  1. JRK
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    JRK Senior Member

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    2009 deficit/budget was a democratic super majority congress and B. Obama budget
    Obama Will Sign Spending Bill Despite Earmarks - FoxNews.com
    It had part of the failed stimulus in it

    The CBO estimated that enacting the bill would increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, by $399 billion in 2010, and by $134 billion in 2011, or $787 billion over the 2009-2019 period.[62]
    American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia

    It had BHO 1/2 of tarp in it
    CBO estimates that the Treasury will report a federal budget deficit of $408 billion for the first two months of fiscal year 2009, $253 billion higher than the deficit recorded through November of last year. This estimate includes $191 billion disbursed for the Troubled Assets Relief Program (TARP) during the first two months of the fiscal year. CBO believes that the equity investments for that program should be recorded on a net present
    http://www.cbo.gov/ftpdocs/99xx/doc9941/12-2008-MBR.htm

    auto bailout 80 billion,
    Adding Up the Auto Bailout: $80 Billion and Growing - TIME

    those alone are close to 500 billion, there Obama's
    2009
    I have no problem giving GWB 1/2 of 2009, but not all of it

    Now wars not included in the deficits that GWB had is nuts
    Bush Deficit vs. Obama Deficit in Pictures | The Foundry
    UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.
     

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