Truthmatters
Diamond Member
- May 10, 2007
- 80,182
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- #41
If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $845 billion, or 5.3 percent of gross domestic product (GDP), its smallest size since 2008.
Is $845 Billion more or less than $1.4 Trillion? At this point, a conservative will be spitting nails or will have stopped talking to you several minutes ago. An independent voter should be trying to figure out how they could have been so completely wrong. A liberal should be deeply embarrassed they didnt know.
Just so were all on the same page here. Obama knocked $555 BILLION off of the deficit. Thats an entire third of the total deficit. Thats more than every president in the history of the country puttogether. Republicans have been screeching for deficit cuts like demented harpies for years (except when a Republican is in office). If a Republican president did this, the Tea Party would be holding parades for him. Obama did it and 90% of the country doesnt even know it. The GOP has them convinced the deficit is still going up.
Why do you hate the fact that Obama decreased this budget?