Conservative
Type 40
Blog: Even with Nutting's Math, Obama 1st Term Spending up 24% vs. Bush's Last Term
But even if you take all of the FY2009 outlays and blame it on Bush - which would include the second half of TARP that Obama requested; most of the Auto Bailout which Obama pushed; The Mortgage/Loan Medication Program; The Omnibus Spending Bill signed by Obama March 2009; The Stimulus Bill, and the S-CHIP expansion - take all of this and place it on Bush, spending is still up by almost 24% in Obama's first term versus Bush's last.
Total outlays in the four Budget years ending and including FY2009 was $11.882 trillion dollars. Total spending for the following four years will total approximately $14.645 trillion dollars. This, my friends, is an increase of almost 24%.
It's beyond me how Jay Carney has the blatant Chutzpa to use to Market Watch math which claims Obama spending rose by only 1.4% to challenge reporters for "buying into the Republican BS," when in fact even with the most false way of counting the outlays, Obama is still up a solid twenty four percent.