- Mar 11, 2015
- 84,425
- 51,685
and along comes Trump - ZAP.
- FY 2010 - Obama's first budget created a $1.294 trillion deficit.
- FY 2011 - This budget contributed $1.3 trillion to the debt.
- FY 2012 - The deficit was $1.087 trillion.
- FY 2013 - This was the first Obama budget where the deficit, $679 billion, was less than $1 trillion. Thank sequestration, which forced a 10 percent cut in spending.
- FY 2014 - The deficit was $485 billion.
O....8 trillion. Lol. Thanks O.
Had Obama not spent early we'd be in a depression today. Because we would have went into a depression Romney would have got elected and would go back to the standard conservative tax cuts for the very rich plan and we'd be screwed. Sequestration did not help the economy.