The stimulus is in that chart.
OFF budget?
You mean the War in Iraq which will end up costing us 3 trillion dollars?
Here is some wisdom that flies in the face of your lying Heritage Foundation. And it is not from a liberal.
"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.
Here are some other truths and charts you right winger who are NOT liberals in any way, shape or form don't want to confront.
“Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not. Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a
30-year conservative ascendancy."
Charles Krauthammer
What does that 30-year conservative ascendancy look like?
Reagan switched the federal government from what he critically called, a “tax and spend” policy, to a “borrow and spend” policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt. By the end of the 12 years of the Reagan-Bush administrations, the national debt had quadrupled to $4 trillion!
More 30-year conservative ascendancy...
You mean the War in Iraq which will end up costing us 3 trillion dollars?
end up? that means what exactly?
and you know, this debt issue is not a card you should be playing, I mean seriously, unless you want to here and now take obama to task for his deficit spending and adding to the debt. Well, maybe you do, do you?
It means the cost has not ended, and it will not end in our lifetime. The costs will continue as we are forced to replace equipment lost or worn out, provide lifetime medical care for the injured and other expenses that continue...
The $3 Trillion War
Our debt was created by Republicans. If Obama spent nothing, the debt would continue to grow. He inherited an economy that was moribund.
Republicans controlled both houses of Congress for 12 years, and the White House for 8 years...we had
ZERO job growth in the 2000's...
Obama and Democrats controlled both houses of Congress for 2 years. What did they do?
Obama and Democrats put us on
The Extended-Baseline Scenario trajectory. If Congress does nothing the Extended-Baseline Scenario is already in place.
IF the Bush tax cuts don't expire and the AHA is not fully implemented or repealed the
The Alternative Fiscal Scenario is the trajectory Teapublicans will take us if they gain enough power.
the
CBO lays it out perfectly clear...CRYSTAL.
Federal Debt Held by the Public Under CBOÂ’s Long-Term Budget Scenarios
(Percentage of gross domestic product)
The chart shows 2 scenarios. For all practical purposes, you can call the Extended-Baseline Scenario the Democrat scenario and the Alternative Fiscal Scenario the Teapublican scenario.
The Extended-Baseline Scenario adheres closely to current law. Under this scenario, the expiration of the tax cuts enacted since 2001 and most recently extended in 2010, the growing reach of the alternative minimum tax, the tax provisions of the recent health care legislation, and the way in which the tax system interacts with economic growth would result in steadily higher revenues relative to GDP.
The Alternative Fiscal Scenario
The budget outlook is much bleaker under the alternative fiscal scenario, which incorporates several changes to current law that are widely expected to occur or that would modify some provisions of law that might be difficult to sustain for a long period. Most important are the assumptions about revenues: that the tax cuts enacted since 2001 and extended most recently in 2010 will be extended; that the reach of the alternative minimum tax will be restrained to stay close to its historical extent; and that over the longer run, tax law will evolve further so that revenues remain near their historical average of 18 percent of GDP. This scenario also incorporates assumptions that MedicareÂ’s payment rates for physicians will remain at current levels (rather than declining by about a third, as under current law) and that some policies enacted in the March 2010 health care legislation to restrain growth in federal health care spending will not continue in effect after 2021.
"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)