Deficit Rose in February, on Pace to Top $1T Again

Discussion in 'Politics' started by Lovebears65, Mar 13, 2012.

  1. Lovebears65
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    Lovebears65 Gold Member

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  2. SniperFire
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    SniperFire Senior Member

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    Well, that just blows.
     
  3. Lovebears65
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    Lovebears65 Gold Member

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    Yes it does, And does Obama do anything about it .. Well, I guess he does he loves spending our money
     
  4. SniperFire
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    SniperFire Senior Member

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    debasing our dollar is driving commodities thru the roof.
     
  5. Conservative
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    Conservative Type 40

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    LIES, ALL LIES!

    Obama cut the deficit in half in his first three years!


    Didn't he? I mean, he said he would.
     
  6. Conservative
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    CBO: Deficit estimate for 2012 hiked to $1.2T
    A new estimate from congressional economists says the government will run a $1.2 trillion deficit for the budget year ending just a few weeks before Election Day.

    Last year, the deficit was $1.3 trillion. The almost $100 billion spike from earlier deficit projections comes almost exclusively because Congress passed legislation recommended by President Barack Obama to renew a 2 percentage point cut in payroll taxes and jobless benefits for people languishing on unemployment rolls for more than six months.

    The Congressional Budget Office report comes as Republicans controlling the House are preparing for this year's budget debate, which is sure to spill over into the presidential campaign as the two sides quarrel over Medicare, taxes and cuts to the Pentagon budget.
     
  7. NYcarbineer
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    NYcarbineer Diamond Member

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    You conservatives wanted more and more tax cuts, and Obama gave them to you. Enjoy your deficits.
     
  8. DontBeStupid
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    DontBeStupid Look it up!

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    I thought the GOP fixed all this in January. Didn't they get elected to give us "Jobs! Jobs! Jobs!" ?
     

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