Posted on 06/28/2010 2:01:20 PM PDT by blam
When do presidents write budgets? They can recommend and guide but budgets come from Congress.
The deficits are Bush’s fault and Obama’s fault. Bush turned the spending spigot on full blast. Obama took a hammer and broke it off so the water just gushes out. Spending is the issue and both of them are to blame.
Ohhhh, this SO does not pass the sniff test!!!
So the war funding is constant but the tax cuts continue
to grow the deficite until 2019?
The trillions obama is spending now will ammount to
nothing by 2019?
I don’t get the graph, other than it’s all Bush’s fault...
Totally untrue, total fabrication or as Mr. K says.... b s
Tax cuts result in increased revenue...read that income taxes. Defense of this nation against the muslim terrorists is totally justifiable...Why don’t those bas*ards estimate the cost of one large nuclear bomb exploding in downtown NYC...and factor that in?
This is just more bs from the obama fascist government.
After the Bush tax cuts, tax receipts were actually at historic highs, eclipsing what was collected during the Clinton years. Lower rates = higher receipts. Liberals just can't wrap their head around this concept.
Bush didn't have tax problems, he had spending problems, some of which weren't his making, some that were.
Nope, the Democrats own the massive deficit!
FY2007 $160 billion budget deficit — Bush and Republican Congress
FY2008 $454 billion budget deficit — Bush and Democratic Congress
FY2009 $1.4 TRILLION budget deficit — Obama and Democratic Congress
FY2010 $1.8 TRILLION projected budget deficit — Obama and Democratic Congress
2011 is going to be sooooo baaaaad!
This “center” is a leftist outfit. Everything they say is propaganda.
Correct-a-mundo.
BTTT.
That chart doesn't even make sense. The Bush tax cuts expire this year and next. They cannot continue as a contributing, much less be an expanding, component of the annual budget deficit.
Indeed, a portion of it was. But Obama took the Bush deficits and quadrupled them. That should cause any thinking person to freak out.
And by the way. . .it isn't JUST the deficit. . .it's the things the money is being spent on.
Also notice that the Bush tax cuts (which are expiring) are “graphed” to cost far more over the next 7 years than they did historically when they were in effect.
BULLSTALIN
Now with the Bush's Fault plugin!
He holds a Master's degree in journalism from Columbia University. White graduated from the London School of Economics with a BSc in international relations and history after transferring from Boston College.
In his spare time, he also writes a soccer blog for The Huffington Post.
Kamelia Angelova has written for several New York-based publications, including the New York Daily News, City Limits Magazine and Women's eNews. She has also reported from the Middle East and Morocco. Kamelia has a B.A. degree in political science from Hunter College, and a Master's in journalism from New York University, where she was a multimedia producer at the online student publication, Pavement Pieces. Kamelia was born and raised in Bulgaria, and currently lives in New York City
Indeed, a portion of it was. But Obama took the Bush deficits and quadrupled them. That should cause any thinking person to freak out.
And by the way. . .it isn't JUST the deficit. . .it's the things the money is being spent on.
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