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To: napscoordinator
Basically, they add TARP onto the federal spending to bring the baseline up to an Obama sized budget. Then Obama blows out 3 more years of Obama sized expenditures despite not having stimulus or TARP, and shows a negligible increase in the budget.

A couple things are missing from these calculations. First is that much of the discretionary spending in the 2009 fiscal year wasn't passed until March of 09, meaning they carry Obama's signature. Second is that Obama voted for TARP, signed the Stimulus bill, signed those Omnibus portions of the 09 budget, and hasn't had a budget passed since then. If spending in his administration was really flat (it isn't) then nobody can claim the credit because the democrats haven't passed a budget in the Senate since then.

17 posted on 09/01/2012 6:09:40 PM PDT by USNBandit (sarcasm engaged at all times)
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To: USNBandit

Actually since Bush’s TARP was paid back, the net was zero.


18 posted on 09/01/2012 6:10:54 PM PDT by Perdogg
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