PoliticalChic
Diamond Member
Well...he's at it again: Obama....doing what he does best!
"Obama administration: Budget deficit increases to $587B
WASHINGTON
The government ran a $587 billion budget deficit for the just-completed fiscal year, a 34 percent spike over last year after significant improvement from the record deficits of President Barack Obama's first years in office.
....intractable budget deficits and growing debt....
...the government is borrowing 15 cents of every dollar it spends. Government spending went up almost 5 percent to $3.9 trillion in fiscal 2016, but revenues stayed flat...."
Read more here: Obama administration: Budget deficit increases to $587B
Now for the real question:
How long will it be for the media lap-dogs to claim Obama produced a surplus.....you know, as they did for Clinton.
Of course....Obama's looks better as Clinton produced a 41% increase in the debt for his "surplus."
Of course the dolts will swear to it once the journo-frauds print it.
"Obama administration: Budget deficit increases to $587B
WASHINGTON
The government ran a $587 billion budget deficit for the just-completed fiscal year, a 34 percent spike over last year after significant improvement from the record deficits of President Barack Obama's first years in office.
....intractable budget deficits and growing debt....
...the government is borrowing 15 cents of every dollar it spends. Government spending went up almost 5 percent to $3.9 trillion in fiscal 2016, but revenues stayed flat...."
Read more here: Obama administration: Budget deficit increases to $587B
Now for the real question:
How long will it be for the media lap-dogs to claim Obama produced a surplus.....you know, as they did for Clinton.
Of course....Obama's looks better as Clinton produced a 41% increase in the debt for his "surplus."
Of course the dolts will swear to it once the journo-frauds print it.