There was nothing wrong with the U.S. government in 2008

The biggest mis conception of Obama is that he inherited a Government that was in shambles. The banking sector and the housing sector was in shambles but the U.S. govt. Was not in that bad of shape.
In fact:
2007 we were within 163 billion of a balanced budget
2008 we signed the peace treaty with Iraq that today we see has came to pass, all troops will be gone in 8 weeks or so
Tarp and the 250 billion that GWB Admin used stopped the banking collapsed and that sector was turned around in months. Not like it was in 07, but also not collapsing either. Most of that money we got back in months

So exactly what was it that Obama inherited that forced him to spend over 4 trillion dollars we did not have?

Yeah a progressive super majority isn't a problem???

Lets not forget that congress passes bills into law - its congress that spends the fucking money. I'm sure ape progressives believe the president spends money and our congress serves really no purpose.

Yeah the progressive congress did quite a job at destroying this country...
 
No doubt electing someone with any real experience
would have done better
You had that chance....twice. Ross Perot and Ralph Nader. You hired suits with a family name instead.
OOOOOOOOOOOOOooo he's the pResidents son ! He's from Tejas and loves Geeziss.

Give Ron Paul a try. If it doesn't work out-no matter. You're already fucked.
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
 
Do what?
If this is true then why are we buying sands oil from the brutal cold of Canada as well as 5000' below sea level in the Gulf when there is ample oil shale/sands as well as un known crude oil deposits right here in the USA?
and what about coal? we spent billions to build scrubbers to use the very cheap coal BHO shut down
What is up with that?

Which scrubbers did Obama shut down?

The very cheap coal, stop acting like a 15 year old, unless of course that is what you are
http://www.google.ca/url?sa=t&rct=j...u83NDw&usg=AFQjCNGX07wy8LvmoEBUiTScCLB4s6ovEA
Are these NEW EPA rules created by Obama? Or are you just blaming his agency for enforcing the existing rules and regs?
 
Which scrubbers did Obama shut down?

The very cheap coal, stop acting like a 15 year old, unless of course that is what you are
http://www.google.ca/url?sa=t&rct=j...u83NDw&usg=AFQjCNGX07wy8LvmoEBUiTScCLB4s6ovEA
Are these NEW EPA rules created by Obama? Or are you just blaming his agency for enforcing the existing rules and regs?

EPA Issues First Waiver For New Greenhouse Gas Regulations | FreedomWorks

http://www.realtor.org/wps/wcm/conn...ERES&CACHEID=920ad080422e26d4b580f703cc9fa30a
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since you're a mod and all, you should look at this guy's thread-creating history.

He's arguing the iraq war and bush's budget bullshit in like 5 different threads right now. Something snapped for this dude, upstairs.

Oh - and then there's this Care: http://www.usmessageboard.com/music/191209-new-g-t-on-an-island.html :eusa_angel:
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since you're a mod and all, you should look at this guy's thread-creating history.

He's arguing the iraq war and bush's budget bullshit in like 5 different threads right now. Something snapped for this dude, upstairs.

Oh - and then there's this Care: http://www.usmessageboard.com/music/191209-new-g-t-on-an-island.html :eusa_angel:
i'll look at it, but honestly, many on this board get stuck on a certain issue that they can't move off of...... to me, for this board, it's normal! ;)
 
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since you're a mod and all, you should look at this guy's thread-creating history.

He's arguing the iraq war and bush's budget bullshit in like 5 different threads right now. Something snapped for this dude, upstairs.

Oh - and then there's this Care: http://www.usmessageboard.com/music/191209-new-g-t-on-an-island.html :eusa_angel:
i'll look at it, but honestly, many on this board get stuck on a certain issue that they can't move off of...... to me, for this board, it's normal! ;)

I hear you.

Hump day!~
 
The very cheap coal, stop acting like a 15 year old, unless of course that is what you are
http://www.google.ca/url?sa=t&rct=j...u83NDw&usg=AFQjCNGX07wy8LvmoEBUiTScCLB4s6ovEA
Are these NEW EPA rules created by Obama? Or are you just blaming his agency for enforcing the existing rules and regs?

EPA Issues First Waiver For New Greenhouse Gas Regulations | FreedomWorks

http://www.realtor.org/wps/wcm/conn...ERES&CACHEID=920ad080422e26d4b580f703cc9fa30a
FA,
the first link provided no information on any new regulations and the second link provided no information on Coal mines either, only on lead paint rules and regs???

my question is, what are the NEW regulations under President Obama that were created, that is holding up the opening of new coal plants? Or are these coal plants being held up due to not meeting EPA air quality standards that were established prior to the obama reign? It would be nice to know....

I personally do not believe jobs of a few should come before the mercury poisoning of all others.....maybe these corps could put some money in to CLEANER coal processes....? Maybe our gvt should spend some money in cleaner technology for this fossil fuel? It is the most abundant fossil fuel on our land.....cleaning it up a bit, would be money well spent imho.
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...
 
The biggest mis conception of Obama is that he inherited a Government that was in shambles. The banking sector and the housing sector was in shambles but the U.S. govt. Was not in that bad of shape.
In fact:
2007 we were within 163 billion of a balanced budget
2008 we signed the peace treaty with Iraq that today we see has came to pass, all troops will be gone in 8 weeks or so
Tarp and the 250 billion that GWB Admin used stopped the banking collapsed and that sector was turned around in months. Not like it was in 07, but also not collapsing either. Most of that money we got back in months

So exactly what was it that Obama inherited that forced him to spend over 4 trillion dollars we did not have?

It's seldom that we see a post with so much wrong with it all in one place.

JRK, you truly don't know what the fuck you are talking about.

You know how stupid your going to look when I ask you to give me an example of what it is I do not know what I am talking about and you cannot do it?
The clock is ticking, we are all waiting
 
jrk is citing budget numbers that do not include the spending on the war - when pointing to Bush's numbers - and citing budget numbers that INCLUDE the war - when pointing to Obama's numbers.

Troll is a troll.
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year
 
G.T I had no idea you were that un informed. I do not know who is telling you this stuff, but there not your friend
 
Last edited:
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year

^ see how dishonest you are.

You answered to the fact that the war was NOT included in Bush's budget by pointing to our defense budget (which did not INCLUDE THE WAR) -

And further proved the point I was making.

The welfare spending has nothing to do with it because it was on BOTH OF THEIR BUDGETS (Obama and Bush).

We're talking about the war.

The war spending was not appropriated inside of Bush's budget.
It *was,* inside of Obama's.

So to compare their budget deficits without mentioning that fact is called being DISHONEST.
 
Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year

^ see how dishonest you are.

You answered to the fact that the war was NOT included in Bush's budget by pointing to our defense budget (which did not INCLUDE THE WAR) -

And further proved the point I was making.

The welfare spending has nothing to do with it because it was on BOTH OF THEIR BUDGETS (Obama and Bush).

We're talking about the war.

The war spending was not appropriated inside of Bush's budget.
It *was,* inside of Obama's.

So to compare their budget deficits without mentioning that fact is called being DISHONEST.

The wars were buried in the defense budget, get a grip
your looking at the facts as well as every-one else and your calling me a liar? G.T your making this worse for your self dude

UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.

The Truth about Obama's Budget Deficits, in Pictures

Get a grip, do not keep proving me right
 
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year

Ue is funded by employers in 2007....it was not until 2009 that the money collected from employers ran out...you are showing what was spent on UE in 2007 JR but you are not including what the employers gave the federal gvt to pay for it.


National debt added in 2007 was $554 billion


beginning National Debt 09/29/2006 8,506,973,899,215.23

ending National Debt 10/01/2007 9,062,552,400,356.63

Debt to the Penny (Daily History Search Application)

your defict says 161 billion for 2007 on your link yet we added $550 BILLION to the National Debt.

PLEASE EXPLAIN THAT!
 
FA,
the first link provided no information on any new regulations and the second link provided no information on Coal mines either, only on lead paint rules and regs???

my question is, what are the NEW regulations under President Obama that were created, that is holding up the opening of new coal plants? Or are these coal plants being held up due to not meeting EPA air quality standards that were established prior to the obama reign? It would be nice to know....

I personally do not believe jobs of a few should come before the mercury poisoning of all others.....maybe these corps could put some money in to CLEANER coal processes....? Maybe our gvt should spend some money in cleaner technology for this fossil fuel? It is the most abundant fossil fuel on our land.....cleaning it up a bit, would be money well spent imho.

Just pulled those off the top of a quick search.

All the drums you hear beating on the subject from businesses across the country is really a vast conspiracy. Didnt you get the memo?
 
absolutely correct! Bush masked the deficit by not including the wars and katrina and other supposed emergency spending in the budget while Obama's admin has put ALL in the budget.

Also, under the Bush years, we collected in the billions, surpluss SS monies each year, which masked his yearly deficit as well...

the ONLY way to view this is to look at what has been added to the National Debt each year.....this gives a clear picture.

Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year

No shit the CBO is fucked up - for some reason progressives trust the fucking CBO now because their Obamafuck is president for some fucking retarded reason..

How about just don't trust CBO???

Historically CBO has been wrong on 90% of the time..

Just for the fucking record Obama authorized 3.5 trillion in spending THAT IS BEING SPENT AS WE SPEAK -- do you know that???

It's already been authorized - yet that shit doesn't show up - it does on the national debt but not on the budget...

Once again its CBO....

Besides Obama is the king of spending.... The guy is like a little kid in a candy store buying all his friends candy with his mothers stolen credit card...
 
Since when are presidents dictators??

Lets not forget congress authorized war spending and both parties authorized that spending..

I love how democrats attempt to portray this whole war thing as a republican idea when in fact democrats in both the house and senate authorized the spending on the war..

The majority of both parties voted to fund the war - hence you had the war.

Spending for the war only had to get through 435 house members and 100 senators.

Not only that but Iraq and Afghanistan are still being funded to this day and have been through a progressive super majority and a progressive president...

Do not include war spending? that lie still going around
lets look at the numbers

United States Department of Defense - Wikipedia, the free encyclopedia
$548.8 billion 2007 total

Much of the costs of the Iraq war and the Afghanistan war until FY2008 have been funded through supplemental appropriations or emergency supplemental appropriations, which are treated differently than regular appropriations bills. Senior congressional leaders have contended that those war costs, as much as possible, should go through the regular budget process, which provides for greater transparency. Determining the costs of the wars in Iraq and Afghanistan is complex. CBO has estimated that "war-related defense activities" in 2007 were "roughly $115 billion." (CBO, The Budget and Economic Outlook: An Update, August 2007, Box 1-1, available at <http://www.cbo.gov/ftpdoc.cfm?index=8565&type=0>) See Below for total defense spending.

2007 United States federal budget - Wikipedia, the free encyclopedia

Now one can assume different reasons why GWB did this. Defending this country is a constitutional mandate
Well fare is not
same year we spent $294.0 billion in well fare and UE (UE is funded and have a bigger issue with it being put with well fare)
thats our deficit X 2 for the year

Ue is funded by employers in 2007....it was not until 2009 that the money collected from employers ran out...you are showing what was spent on UE in 2007 JR but you are not including what the employers gave the federal gvt to pay for it.


National debt added in 2007 was $554 billion


beginning National Debt 09/29/2006 8,506,973,899,215.23

ending National Debt 10/01/2007 9,062,552,400,356.63

Debt to the Penny (Daily History Search Application)

your defict says 161 billion for 2007 on your link yet we added $550 BILLION to the National Debt.

PLEASE EXPLAIN THAT!

How do we grade a presidents policy if you look at total debt vs budget deficits?
It took 2.73 trillion to run our country in 2007, we took in 2.57 for the year. That is all that congress and the president for that year can control, for the year that is what it took to run the federal govt

Debt

The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies. The US national public debt consists of two components:
Debt held by the public comprises securities held by investors outside the federal government, including that held by investors, the Federal Reserve System and foreign, state and local governments.[1]
Intragovernment debt comprises Treasury securities held in accounts administered by the federal government, such as the Social Security Trust Fund.
Public debt increases or decreases as a result of the annual unified budget deficit or surplus. The federal government budget deficit or surplus is the cash difference between government receipts and spending, ignoring intra-governmental transfers. However, there is certain spending (supplemental appropriations) that add to the debt but are excluded from the deficit. The deficit is presented on a cash rather than an accruals basis, although the accrual basis may provide more information on the longer-term implications of the government's annual operations.[2]
The public debt has increased by over $500 billion each year since fiscal year (FY) 2003, with increases of $1 trillion in FY2008, $1.9 trillion in FY2009, and $1.7 trillion in FY2010.[3] As of October 22, 2011, the gross debt was $14.94 trillion, of which $10.20 trillion was held by the public and $4.74 trillion was intragovernmental holdings.[4] The annual gross domestic product (GDP) to the end of June 2011 was $15.003 trillion (July 29, 2011 estimate),[5] with total public debt outstanding at a ratio of 99.6% of GDP, and debt held by the public at 68% of GDP.
In the United States, there continues to be disagreement between Democrats and Republicans regarding the United States debt. On August 2, 2011, President Barack Obama signed into law the Budget Control Act of 2011, averting a possible financial default. During June 2011, the Congressional Budget Office called for "...large and rapid policy changes to put the nation on a sustainable fiscal course."[6]

United States public debt - Wikipedia, the free encyclopedia


from the Washington post
UPDATE: Many Obama defenders in the comments are claiming that the numbers above do not include spending on Iraq and Afghanistan during the Bush years. They most certainly do. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is included in the numbers above. Also, some Obama defenders are claiming the graphic above represents biased Heritage Foundation numbers. While we stand behind the numbers we put out 100%, the numbers, and the graphic itself, above are from the Washington Post. We originally left out the link to WaPo. It has now been added.
The Truth about Obama's Budget Deficits, in Pictures
 

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