You neglect to indicate that your SEPTEMBER 30, 2009 number of 11 trillion is about 9 months AFTER Obama took office....are you some kind of troll?
Fiscal Year 2009 ran from 1 October 2008 to 30 September 2009.
This was President Bush’s last budget.
He is responsible.
09/30/2000 5,674,178,209,886.86
09/30/2008 10,024,724,896,912.49
That's a $4.350 Trillion increase over 8 years under Bush.
Compared to $15,950 trillion debt now. An increase under Obama of $5.926 Trillion in just under 4 years.
However, Obama inherited Bush's Drug Plan which wasn't really reflected in Bush's numbers. Obama also inherited a Financial crisis which dropped Gov't Revenues while driving outlays up. He inherited Tarp but that was paid back. Obama did not inherit the Stimulus program, that was all Obama.
And Obama's numbers for 4 years don't reflect most of the costs for Obamacare which won't really start hitting until next year.
Yup, pretty much.. and has been called out on it for a few months.. guess the admin likes a chew toy for us.. but I just ignore troll posts (unless absolutely necessary to post a troll pic or something ;~) )
Good point. And to those who say this was based on Bush’s budget: wrong. It may have started out as Bush’s budget but Obama signed the stimulus pkg into law in February of ‘09, adding $787 Billion to the budget. If you figure in the interest cost on that money, it easily reaches 800 Bil. by the end of the 08-09 fiscal year. So, the author has basically tacked on almost a trillion dollars to Bush’s tab. To be sure, Bush was not a model of fiscal discipline, but Obama makes him look thrifty.
Actually, CBO priced out the stimulus at $862 Billion by Jan. 2010:
Stimulus price tag soars; jobless rate rises
By Stephen Dinan-The Washington Times Wednesday, January 27,
The economic stimulus bill’s price tag has risen to $862 billion, the Congressional Budget Office said Tuesday — a $75 billion jump that’s a result in part to the fact that, despite the spending, joblessness has risen and the government is paying out more than expected on unemployment benefits.
Also neglected is the Democrat takeover of congress in January 07. with only congress able to spend money let us put blame where it belongs. Jan. 01 debt 5.2 trillion. Jan. 07 debt 6.7 trillion. Now debt 16 trillion. Dems are responsible for 9.3 trillion increase in a mere 5 1/2 years. Your yearly increases are also incorrect, Bush’s last deficit was 161 billion. you show it as over 500 billion.