The current budget deficit fiscal 2009 (Oct 2008 - Jan 2009) excluding the stimulus and TARP is $600 billion. Another $600 billion will probably be spent to close out fiscal 2009. So the fiscal 2009 standard budget deficit will probably end up $600B + $600B + $400B = $1.5 trillion dollars. Plus the $800B stimulus and $700B TARP = $3 trillion.
How in the world can the Democrats scream about the Republicans’ spending when the largest single year deficit that the Republicans ran up was $412B in 2004? And the Republican Congress had the deficit down to $160B in fiscal 2007.
Where is the media?