WHEN ARE WE GOING TO STOP BLAMING BUSH?
Afghanistan War by the Numbers: Lives Lost, Billions Spent
The war in Afghanistan has cost the United States $443 billion from 2001 through 2011, according to the Congressional Research Office.
According to a Pew Trusts report, the wars in Iraq and Afghanistan have contributed more to growth in U.S. debt than any other policy since 2001 except the Bush tax cuts and in the increased interest from legislative changes.
http://abcnews.go.com/Politics/OTUS...-lives-lost-afghanistan-war/story?id=16256292
The true cost of the Iraq war: $3 trillion and beyond ,
September 5, 2010
Federal debt
There is no question that the Iraq war added substantially to the federal debt. This was the first time in American history that the government cut taxes as it went to war. The result: a war completely funded by borrowing. U.S. debt soared from $6.4 trillion in March 2003 to $10 trillion in 2008 (before the financial crisis); at least a quarter of that increase is directly attributable to the war. And that doesn't include future health care and disability payments for veterans, which will add another half-trillion dollars to the debt.
As a result of two costly wars funded by debt, our fiscal house was in dismal shape even before the financial crisis -- and those fiscal woes compounded the downturn.
http://www.washingtonpost.com/wp-dyn/content/article/2010/09/03/AR2010090302200.html
Bush-Era Tax Cuts Will Cost U.S. Nearly $1 Trillion Over Next Decade
Keeping tax cuts for the wealthy could cost the U.S. big time.
Letting the Bush-era tax cuts of 2001 and 2003 expire on schedule at the end of 2012 would bring the government nearly $1 trillion in revenue over the next 10 years, according to a new report from the Congressional Budget Office. That’s $823 billion in added revenue and $127 billion in interest to be exact, for a total $950 billion in ten-year deficit reduction.
http://www.huffingtonpost.com/2012/08/24/bush-era-tax-cuts-revenue-expire_n_1828657.html
When hell freezes over and more. Obama is still paying off Bush’s debt and continue into the next decade. Bush's debt did not stop growing when he left office. Most of the $5 trillion added to the debt belong to Bush.
When do we stop blaming the fox for raiding the hen house?
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