Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
office would average 23.6% of GDP. Thats higher than any single previous non-war year.Until Barack Obama took office in 2009, the United States had never spent more than 23.5% of GDP, with the exception of the World War II years of 1942-1946. Heres the Obama spending record:
25.2% of GDP in 2009
24.1% of GDP in 2010
24.1% of GDP in 2011
24.3% (estimates by the White House ) in 2012
Whats more, if Obama wins another term, spendingaccording to his own budgetwould never drop below 22.3% of GDP. If that forecast is right, spending during Obamas eight years in
The FY 2009 continuing resolution was a measure designed to allow Congressional leaders to work around the 2008 presidential election and deflect spending fights with President Bush during his last months in office. Foreseeing a repeat of budget fights over FY 2007 and FY 2008, the Democratic leadership in the House and Senate chose not to pursue several appropriations bills leading up to the 2008 summer recess. The only appropriations bill sent to President Bush for his signature was the 2008 Defense authorization bill.[2]
The legislation also excluded a congressional moratorium on offshore oil exploration. The ban was first implemented in Congress in 1981, and prohibited drilling within 200 miles of coastal states' shorelines.[3]
As Art Laffer and Steve Moore showed in the Wall Street Journal on Tuesday, President Bush began a spending spree in his term that erased most of the gains in reduced government spending as a percent of GDP achieved by the Republican Congress in the 1990s led by former House Speaker Newt Gingrich, in conjunction with President Clinton. But for fiscal year 2009, President Bush in February, 2008 proposed a budget with just a 3% spending increase over the prior year. Fiscal year 2009 ran from October 1, 2008 until September 30, 2009. President Obama’s term began on January 20, 2009.
Recall, however, that in 2008 Congress was controlled by Democrat majorities, with Nancy Pelosi as Speaker of the House, and the restless Senator Obama already running for President, just four years removed from his glorious career as a state Senator in the Illinois legislature. As Hans Bader reported on May 26 for the Washington Examiner, the budget approved and implemented by Pelosi, Obama and the rest of the Congressional Democrat majorities provided for a 17.9 percent increase in spending for fiscal 2009!
Actually, President Obama and the Democrats were even more deeply involved in the fiscal 2009 spending explosion than that. As Bader also reports, “The Democrat Congress [in 2008], confident Obama was going to win in 2008, passed only three of fiscal 2009’s 12 appropriations bills (Defense, Military Construction and Veterans Affairs, and Homeland Security). The Democrat Congress passed the rest of them [in 2009], and [President] Obama signed them.” So Obama played a very direct role in the runaway fiscal 2009 spending explosion.
Someone has to be lying.
Someone has to be lying.
Spending as percentage of GDP is misleading and you know it.
Someone has to be lying.
That would be my guess...
Heritage? That's priceless...
