Posts Tagged ‘ budget deficit ’

Obama Adds To Budget Deficit Four Times Faster Than Bush

January 31, 2012
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The CBO estimated that the 2012 budget deficit will top $1 trillion for the fourth consecutive year under the Obama administration.  The CBO estimated that the 2012 budget deficit will be approximately $1.1 trillion in a year that President Obama will be making the case to the American people that he deserves four more...
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Obama’s Tax The Rich Strategy Will Not Solve Budget Deficit

April 17, 2011
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President Obama’s tax the rich strategy will not solve the budget deficit or come close to addressing the national debt.  This week, President Obama choose to run for a second term rather than demonstrate leadership in solving the budget deficit.  He wants to raise taxes on the wealthy to fix the crushing deficits that Obama plans...
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Obama Deficit Tops $1.29 Trillion For 2010

October 15, 2010
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The CBO reported that the Obama deficit for 2010 was $1.29 trillion.  The CBO is also projecting that the Obama administration and congressional Democrats will deliver a $1.4 trillion deficit for 2011.  Taking into account the Obama deficit for 2009, 2010, and the 2011 projection, the Democrat controlled Congress and White House will add...
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National Debt Tops $13 Trillion

May 26, 2010
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Today, several news organizations indicated that in the early hours of the morning, the national debt tops $13 trillion for the first time in history.  This news comes as Congress gets set to vote this week on an additional $130 billion of spending to add to the 2010 Obama budget deficit of over $1.4 trillion.  The...
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Obama Delivers Largest October Deficit On Record

November 14, 2009
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As our government debates adding trillions of dollars in spending through the health care reform bill, we are reminded the sad shape of our government’s finances.  President Obama has delivered a record monthly budget deficit in his first fiscal year as president.   It was reported this week that Obama has delivered the largest October budget...
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National Debt Set to Double

August 25, 2009
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The Office of Budget Management projected that the 2009 budget deficit would be $262 billion less than originally expected at only $1.58 trillion.  However, the estimate for the 10 year deficit rose to $9 trillion. Today it was reported that the Obama administration blames the 10 year deficit on the current crisis and the...
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Posted in Democrats, economy, Obama, Stimulus | 1 Comment »

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