Geithner: Obama inherited worst fiscal mess ever

googlenews/ap ^ | 3-3-09 | STEPHEN OHLEMACHER

[rightinthemiddle]

WASHINGTON (AP) — President Barack Obama's Treasury secretary says the administration has inherited "the worst fiscal situation in American history."

Treasury Secretary Timothy Geithner told the House Ways and Means Committee Tuesday that Obama entered office facing a $1.3 trillion deficit — about 10 percent of the nation's economic output. Republicans have complained that Obama's budget proposal would balloon the deficit even higher, to $1.75 trillion.

[massgopguy]

$160.7B to be precise. That was the end of Fiscal 2007. After that, Obama as a Senator voted for more spending than even Nancy Pulosi’s House proposed.

[r9etb]

Well, it's true that they did indeed inherit a crap sandwich.

The problem, however, is that they're doing their damndest to make a bigger, smellier crap sandwich.

[ari-freedom]

Sugarpie honeybunch
I'm weaker than a man should be
I can't help myself
I'm a fool in love you see

[Jeff Chandler]

Did he inherit Victory in Iraq?

[Oldeconomybuyer]

If true, democrat control of congress the last few years was irrelevant.

[rightinthemiddle]

The inherited a crap sandwich.

But they’ve added five courses to the meal and are forcing us all to take a big bite.

[george76]

[BookmanTheJanitor]

can Bush blame it on Turbo Tax? ...just curious.

[Hoodat]

Geithner is as big of a liar as Obama.

[ari-freedom]

Sugarpie honeybunch
I'm weaker than a man should be
I can't help myself
I'm a fool in love you see

[ari-freedom]

Sugarpie honeybunch
I'm weaker than a man should be
I can't help myself
I'm a fool in love you see

[Tijeras_Slim]

Anyone who can’t use Turbo Tax, although they’re the economic second coming, will believe anything.

What an asshat.

[NormsRevenge]

Those who don’t or won’t learn from history , are condemned to repeat it.

Socialism Sucks the lifeblood out of those it is intended to protect.

[Doogle]

Emanuel said. “That is the facts.”’

...and the democratic control over the senate and congress started when?....check your facts on that, check where the stock market was back then...check what the unemployment was back then...check those "facts"...talk about facts.....my guess is the Jewish "wounded war hero" don't want those facts checked does he?

[ari-freedom]

Sugarpie honeybunch
I'm weaker than a man should be
I can't help myself
I'm a fool in love you see

[ari-freedom]

hmmmm

[Doogle]

Emanuel said. “That is the facts.”’

...and the democratic control over the senate and congress started when?....check your facts on that, check where the stock market was back then...check what the unemployment was back then...check those "facts"...talk about facts.....my guess is the Jewish "wounded war hero" don't want those facts checked does he?

[madinmadtown]

Exactly...or rather those wanting to see him in the White House caused it.

[a fool in paradise]

Really? How many trillions did Mr. Bush misspend?

[Doogle]

Emanuel said. “That is the facts.”’

...and the democratic control over the senate and congress started when?....check your facts on that, check where the stock market was back then...check what the unemployment was back then...check those "facts"...talk about facts.....my guess is the Jewish "wounded war hero" don't want those facts checked does he?