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So the Obama Pelosi Reid stimulus passed in 2009 added $787 billion of new spending to the federal budget in 2009. It then went on to add $834 billion of new spending in 2010 ($787 billion times 1.06 for the 6% yearly increase); $884 billion in 2011; and finally $937 billion in 2012. Over the last four years, this totals $3,442 billion more than would have been budgeted through the normal process – which is precisely why the democrats wanted it passed as a stimulus.
As Harry Reid’s democrat majority in the Senate has consistently refused to pass a budget for nearly three years, the continuing resolutions have simply continued the yearly automatic 6% increase in spending leading to the enormous budget deficits of the Obama years.
http://www.redcounty.com/content/dismal-science-baseline-budgeting
As Harry Reid’s democrat majority in the Senate has consistently refused to pass a budget for nearly three years, the continuing resolutions have simply continued the yearly automatic 6% increase in spending leading to the enormous budget deficits of the Obama years.
http://www.redcounty.com/content/dismal-science-baseline-budgeting