Trajan
conscientia mille testes
more details on the repubs running up the debt
Here are the only OFFICAL budget numbers from the CBO - (United States Congressional Budget Office):
2000 - 236 Billion SURPLUS under Clinton
2001 - 128 Billion SURPLUS under Clinton
2002 - 158 Billion deficit under Bush with republican congress
2003 - 378 Billion deficit under Bush with republican congress
2004 - 413 Billion deficit under Bush with republican congress
2005 - 318 Billion deficit under Bush with republican congress
2006 - 248 Billion deficit under Bush with republican congress
2007 - 161 Billion deficit under Bush with republican congress
2008 - 459 Billion deficit under Bush with Dem congress
2009 - 1.4 Trillion deficit under Obama/Bush - (Bush was pres the first 4 months of this budget which includes his 700 billion in bailouts and the expected 600 billion deficit which was most of the 1.4 trillion)
Source : CBO Historical Budget Data
http://cbo.gov/ftpdocs/108xx/doc10871/historicaltables.pdf
Reagan increased our debt an average of 24% yearly...he tripled it from 934B to 2.6T (189%)
Bush increased our debt an average of 11% yearly...he doubled it from 5.7 to 10.6 trillion (91%)
Obama increased our debt 16% in his first year from 10.6 to 12.3 trillion (to stop a great depression)
(Data from the US Treasury Bureau of Public Debt - Government - Debt to the Penny (Daily History Search Application))
FACTS SHOW THAT REPUBLICANS DO THE OPPOSITE OF WHAT THEY CLAIM...THEY CREATE RECORD DEFICITS AND RECORD DEBTS AND BLAME IT ON DEMOCRATS
1 month ago Report Abuse
Bush left a 1.2 trillion deficit for Obama.
(Source 2: Congressional Budget Office - Annual Budget and Economic Report and testimony before Congress on Jan 8, 2009) (Declares a 1.2 trillion deficit for fiscal year 2009 ---2 weeks before obama takes office)
http://cbo.gov/ftpdocs/99xx/doc9958/01-08-Outlook_Testimony.pdf
blaming Obama doesnt change the facts.
uhm hello, having a surplus don't mean there wasn't a deficit, you know that right? You can have a surplus while still retaining Billions even trillions in debt.
and as far as blame goes, obama increased the deficit and debt. did he not? and please no pejorative he saved us from a depression gig okay?
Well yeah..why bother with the truth.
The conservative fantasy is so much mo' bettah!
why did you bother quoting me if you didn't absorb what I said? I assume...thats assume you read it....?