Obama Shatters Spending Record for First-Year Presidents (Captain Obvious!)

Foxnews ^ | 11/24/2009 | Staff

[Red in Blue PA]

President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.

In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.

That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.

[Red in Blue PA]

$3.52 trillion

[Red in Blue PA]

Whatever happened to the debt clock which led the evening news every night a few years back????

[etradervic]

This deficit is a disgrace.

[Tawiskaro]

[Scythian]

There is no system available left that can calculate it, even the 64 bit operating systems have failed. Basically, it was decided to just stop tracking it, it can never be repayed, and frankly, nobody cares, let’s just keep partying till we all die ...

[Redcitizen]

Still Bush’s fault? not.

[sofaman]

I'm shocked, SHOCKED, I tell you!

[skeeter]

President Obama has shattered the budget record for first-year presidents -- spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.

So? Obama Derangement Syndrome!/s

[A.A. Cunningham]

Obama Shatters Spending Record for First-Year Presidents

[Red in Blue PA]

I did not see that....In any case, mine has a linky!

[Gator113]

It was sold at a garage sale.

[Psycho_Bunny]

$3.52 treason.

[Das Outsider]

After several attempts to reach the Captain, I am forced to go up the chain of command. Get me General Nonsense!

[Cheerio]

Whatever happened to the debt clock which led the evening news every night a few years back????

A few years back GWB was in charge (although with a RAT-run Congress) and so it was extremely popular for the lame stream media to continue with its Bush Bashing 24x7. Now that we have the first ever Arab-American President in the WH one should never ever say anything negative or they will be branded a racist. The man-child is simply not capable of any wrong doing under such circumstances. Man-child is reportedly only 6% black, 44% Arab, and 50% white - not that anyone should care, but just to dispel the popular myth of his blackness. Buba Klintoon was the First Black US President.

[ReaganCaesar]

Yeah, ok people. Obama is a moron, but we will come out of this eventually, no problem. We’re America, we can do it!

[ReaganCaesar]

Yeah, ok people. Obama is a moron, but we will come out of this eventually, no problem. We’re America, we can do it!

[avacado]

Excellent!!!

[Excuse_My_Bellicosity]

He’s spent more than the entire tenure of two-term presidents. Makes me sick.

[borntobeagle]

“Yeah, ok people. Obama is a moron, but we will come out of this eventually, no problem. We’re America, we can do it!””

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Are you freaking nuts?