Obama to raise 10-year deficit to $9 trillion

Discussion in 'Politics & Religion' started by drjekyllus, Aug 21, 2009.

  1. http://www.reuters.com/article/newsOne/idUSTRE57K4XE20090821



    "WASHINGTON (Reuters) - The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.

    The higher deficit figure, based on updated economic data, brings the White House budget office into line with outside estimates and gives further fuel to President Barack Obama's opponents, who say his spending plans are too expensive in light of budget shortfalls.

    The White House took heat for sticking with its $7.108 trillion forecast earlier this year after the Congressional Budget Office forecast that deficits between 2010 and 2019 would total $9.1 trillion."
     
  2. But Bush.........
     
  3. But Bush......... left Obama with a 1.4 trillion dollar deficit this year


    But Bush......... left Obama with 2 wars to pay for


    But Bush......... did nothing to reform heath care the previous 8 years now Obama has to deal with it and pay for it


    But Bush......... left obama with the worse economy since the great depression
     
  4. LOL
     
  5. Bush 1.4 trillion

    Obama 9 trillion.

    YOU HAVE NO ARGUMENT. God you're an idiot.
     
  6. You do realize that the 9 trillion is over 10 years and that 1.4 of that is from Bush right you dumb motherfucker

    Obama still has to pay for Bushs wars for the next few years as well
     
  7. Moron. There is a difference between a deficit of 9 trillion and a debt of 9 trillion. USA budget is roughly 3 trillion, it simply cannot have a deficit of 9 trillion at this point.
     
  8. He was to stupid to understand that those numbers were for 10 years,1.4 trillion of that was from bush as well as having to pay for Bush's wars the next few years
     

  9. Another fact you are to fucking stupid to understand is that Bush came into office with a budget surplus,no wars and a great economy,Obama on the other hand came into office with a 1.4 trillion dollar deficit,2 wars and the worst economy since the great depression.Dumb ass
     
  10. Obama is an idiot or a ruthless sociopath, in much the same vein as Cheney, and many people who supported him because of the bullshit (in retrospect) he was peddling have now realized they were punked.
     
    #10     Aug 23, 2009