Obama's Budget to Add $4.4 Trillion to Debt in Next Four Years

[beretta304]

Obama's Budget to Add $4.4 Trillion to Debt in Next Four Years | The Weekly Standard

Want to blame OWEBAMA'S Budget on Bush as well?


By the end of this year, the federal debt is expected to be $16.2 trillion, which is $6.2 trillion more than when President Obama first came into office four years ago

 

[Truthmatters]

if Bush had not fucked everything up then Obama would not be spending to fix it.

He wil forever get the blame for this mess Obama has to clean.

History is like that

 

[SniperFire]

Great thread!

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=T6bmEv2-rFA]President Bush's speech on the financial crisis 9/24/08 (1) - YouTube[/ame]

 

[beretta304]

Great thread!

Thanks. Let's watch the libs flounder trying to tie Bush to the impact of Owebama's budget four years out. Technically it's 8 years out since Owebama owns the last 4 years as well.

 

[SniperFire]

I understand that Liberals only want to talk about their Rapist Keynote Speaker, but this is just a distraction from the pressing issues of the Nation.

Of course, they are losing because they have no answers on the pressing issues of the Nation.

 

[Conservative]

Bbbbbbbbbbbbuuuuuuuuuuuuuusssssssshhhhhhhh!!!!!!!!!!!!!!!!!!!!!

 

[Truthmatters]

File:Cause of change in U.S. debt position 2001-2011.png - Wikipedia, the free encyclopedia

 

[P@triot]

if Bush had not fucked everything up then Obama would not be spending to fix it.

He wil forever get the blame for this mess Obama has to clean.

History is like that

Typical liberal - blame everyone else for YOUR OWN failure.

Name ONE Bush policy that caused the problem with the economy. Come on, just one.

The real fuck up was by idiot liberal Dumbocrat Bill Clinton who collapsed our housing market with his Community Re-Investment Act bill. You liberals just can't accept that your socialism causes collapse, no matter how many times history proves it.

 

[Truthmatters]

It will be Bushs fault FOREVER you fools.

That is how history works.

You fuck things up and its your fault until the end of time

 

[Truthmatters]

if Bush had not fucked everything up then Obama would not be spending to fix it.

He wil forever get the blame for this mess Obama has to clean.

History is like that

Typical liberal - blame everyone else for YOUR OWN failure.

Name ONE Bush policy that caused the problem with the economy. Come on, just one.

The real fuck up was by idiot liberal Dumbocrat Bill Clinton who collapsed our housing market with his Community Re-Investment Act bill. You liberals just can't accept that your socialism causes collapse, no matter how many times history proves it.

Read the post above this post you made

 

[beretta304]

if Bush had not fucked everything up then Obama would not be spending to fix it.

He wil forever get the blame for this mess Obama has to clean.

History is like that

Typical liberal - blame everyone else for YOUR OWN failure.

Name ONE Bush policy that caused the problem with the economy. Come on, just one.

The real fuck up was by idiot liberal Dumbocrat Bill Clinton who collapsed our housing market with his Community Re-Investment Act bill. You liberals just can't accept that your socialism causes collapse, no matter how many times history proves it.

Clinton reaped the benefits of what Reagan set in motion. That's reaped Libs, not raped, although substituting that word would work as well.

 

[Truthmatters]

File:Cause of change in U.S. debt position 2001-2011.png - Wikipedia, the free encyclopedia

CBO analyzed the cause of change between:
Their 2001 baseline estimate, which projected that cumulatively from 2002-2012 there would be a $5.6 trillion surplus.
The $6.1 trillion in debt increases that actually occurred during the 2002-2012 period.[1]

There is a detailed table in their analysis that is summarized in the chart. CBO wrote: "In January 2001, CBO's baseline projections showed a cumulative surplus of $5.6 trillion for the 2002–2011 period. The actual results have differed from those projections because of subsequent policy changes, economic developments that differed from CBO's forecast, and other factors. As a result, the federal government ran deficits from 2002 through 2011. The cumulative deficit over the 10-year period amounted to $6.1 trillion—a swing of $11.7 trillion from the January 2001 projections."

Economic: The effects of the recessions of 2001 and 2008-2009, which includes revenue declines due to lower levels of employment and economic activity and higher levels of safety net spending.

Bush tax cuts: See the Bush tax cuts for more information.

War Spending: CBO did not specifically identify the $1.4 trillion amount for war spending in the cause of change analysis. This amount appears in a different publication for the September 2001-2011 period.[2]

Discretionary: Since the war spending of $1.4 trillion is part of the discretionary change total of $2.9 trillion in the CBO's cause of change analysis, a $1.5 trillion discretionary block was included in the chart to total the $2.9 total amount. The $1.5 trillion includes other increases in the baseline defense budget and other cabinet departments and agencies.

Interest: Interest is higher than projected due to higher debt than projected.

Other revenue: The impact of a variety of tax cuts other than the Bush tax cuts, such as tax cuts from stimulus and payroll tax cuts.

Other spend: Stimulus, TARP, and other spending above projected amounts.

 

[beretta304]

I'd bet that when Romney wins he won't once blame Obama for the mess he inherits.

 

[Truthmatters]

if Bush had not fucked everything up then Obama would not be spending to fix it.

He wil forever get the blame for this mess Obama has to clean.

History is like that

Typical liberal - blame everyone else for YOUR OWN failure.

Name ONE Bush policy that caused the problem with the economy. Come on, just one.

The real fuck up was by idiot liberal Dumbocrat Bill Clinton who collapsed our housing market with his Community Re-Investment Act bill. You liberals just can't accept that your socialism causes collapse, no matter how many times history proves it.

Clinton reaped the benefits of what Reagan set in motion. That's reaped Libs, not raped, although substituting that word would work as well.

Flat out lie.

the 1993 ombra that was passed and signed without one wingle R vote is scored by the CBO to have created the lions share of the budget surpluses under Clinton

 

[Conservative]

It will be Bushs fault FOREVER you fools.

That is how history works.

You fuck things up and its your fault until the end of time

this is why your party is dying.

 

[Truthmatters]

I'd bet that when Romney wins he won't once blame Obama for the mess he inherits.

HAHAHAHAHAHAH


yeah right.

 

[beretta304]

It will be Bushs fault FOREVER you fools.

That is how history works.

You fuck things up and its your fault until the end of time

this is why your party is dying.

So few posts? The silence of the left is deafening. But then again they would rather talk about prostitutes and B.J. Clinton.