Posts Tagged ‘ deficit ’

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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Posted in Democrats, economy | No Comments »

Obama Deficit Will Cause National Debt to Soar

March 28, 2010
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The Obama administration has produced a record budget deficit of over $1.3 trillion for fiscal year 2010.  The CBO has re-estimated its 10 year projections to predict that Obama’s budget deficits will push the country almost $10 trillion further in debt by 2020. Putting the federal deficit in terms that Americans can understand, when Obama...
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Posted in Congress, Obama | 3 Comments »

Obama Increases Deficit and Debt

February 7, 2010
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Incinerating a Hot Potato By Scott Spiegel If deficit spending is the way out of an economic downturn, as leftist economists like Paul Krugman keep telling us, then one way to characterize President Obama’s approach to reviving the ailing economy is “killing it with kindness.” Another is “tough love” – not the kind where...
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United States National Debt Reaches $12 Trillion

November 17, 2009
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Today we read a post that indicated that as of 3:00 pm on 11/17, the United States National debt topped $12 billion for the first time setting a new US national debt record. According to a post at Hot Air, the United States national debt was $12,031,299,186,290.07 at 3:00 pm.  This indicates that it...
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Posted in Congress, economy | 3 Comments »

Political Stories You Might Have Missed 08-28-09

August 31, 2009
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As always, the world of politics continues to make headlines in the media.  Below is a list of stories that you might have missed. HR 3200 Will Cover Illegal Immigrants - Despite claims from several people in congress, the health care reform bill will cover illegal immigrants according to the congressional research service.  This is...
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Posted in Congress, Democrats, economy, Health Care, Obama | No Comments »

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 »

Bush Deficit Continues to Ballon

June 24, 2009
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Bush Deficit Continues to Ballon

If you pay attention to the news, you know that our government is spending and borrowing as if there is no tomorrow.  Every weekwe see a new plan that is needed “now” to save us from some catastrophe all the while laying the foundation of a new catastrophe caused by ever increasing debt. You...
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Posted in Congress, Democrats, Obama | 1 Comment »

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