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| Opinions & Editorials Discuss you gotta hand it to the democrats... at the General Forum; Originally Posted by AZRWinger The fact is all the Federal spending during his term is Obama's. He had the tools ... |
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• In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget. • In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion. • In fiscal 2011, spending rose 4.3% to $3.60 trillion. • In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August. • Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion. Read the CBO’s latest budget outlook. Over Obama’s four budget years, federal spending is on track to rise from $3.52 trillion to $3.58 trillion, an annualized increase of just 0.4%. http://www.whitehouse.gov/omb/budget/Historicals http://www.cbo.gov/publication/42905 http://articles.marketwatch.com/2012...drunken-sailor WHAT SPENDING?
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Last edited by Xcali; 09-09-2012 at 10:10 AM.. |
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Bush's spending spiked in the last year in response to the financial crisis. Senator Obama voted in favor of the TARP and President Obama spent half the TARP funds as well as repaid monies from the banks. Of course with Obama every year is a crisis requiring more spending. But don't worry, Obama's spending is not really spending, the spiraling deficit and debt are someone elses fault. |
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I am not refusing to answer your question about what spending Obama is responsible for or initiated or whatever modifier you want to use to excuse Obama's spending. You cannot comprehend a simple truth "all of it" so here is a methodology for your enlightenment. Pick out a Federal spending line item, Obama is responsible for this spending, repeat until all Federal spending is accounted for. |
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Now we're up to 1.2 trillion in new spending under the Obama administration. Now CAN YOU FINISH THE LIST?... Quote:
If you have evidence to prove otherwise then kindly post it . I'm really interested in seeing all this mythical spending Obama has been doing, I wanna see how he got around Congress to do all that .
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Originally Posted by Xcali
Uh.. No he couldn't. The President doesn't have that Power, all he can do is make suggestions for spending measures in his Budget proposal. Congress Appropriates spending each year based off the budget blueprint they pass and the president signs into Law. Obama couldn't cut spending any more than I could. But his Democratic controlled House and Senate could have. They had the necessary votes and had 2 years to do so. Why didn't they stop all this spending? I'll tell you why, because most of it was instituted by Obama. Spend and tax. It's what the Democrats do so well. And we're back to the unanswered question I have been asking and not getting an answer to..... One more time... Show me the "Spending" That Obama initiated. I'll start you off... 800 billion stimulus... Every item on the budget is Obama's spending. He is responsible for everything including welfare, food stamps, SS and Medicare. You threw all these costs against George Bush, but are now insisting Obama isn't responsible for them. Every other president has had to contend with these costs. What makes Obama special that they don't count against him? Just more liberal fuzzy math. Now fill in the rest with all this mythical spending that is adding to our deficits and debt. : Note: Be sure and subtract the cost of the Iraq War.. Since he ended that one already those savings go to his spending ... He did what any President would do under the same circumstances. The fact that he has been attempting to reverse those Tax cuts, Specifically on the Upper Tax brackets, since he came into office. The Bush tax cuts were set to expire in 2010.. so they were figured into his own budgets up to that point. He wanted to allow them to expire for the top but leave the middle class tax cuts because the economy was already weak and middle class folks were already hurting. A tax increase for them at that point would have been devastating for them and would have killed him politically. The Republicans refused to allow the top tax brackets to be increased so in the face of that the President did the only thing he could do and signed an extension. He also used it as a trading tool to get more unemployment benefits extended as well. He could have stopped those tax cuts at any time. He didn't have the guts to do so, because it would cost him votes. He wasn't forced to do anything as he had the votes in Congress to make any changes he desired. As usual, he blames everyone else for his shortcomings. The Republicans did it. Bush did it. What a wimp. It's called Leadership.. JURIST - This Day at Law I don't particularly like the Patriot Act but under the Circumstances and under the threat of another terrorist attack on American soil I believe the Act should have been extended at least until we are done in Afghanistan and all of our troops on home on American Soil. As long as we are fighting in the Middle east and painting targets on our backs we need this Law to protect the home Front. Obama promised he would get rid of it. It was just another empty promise. When he got to the point where he could get it repealed, he realized that when he was speaking out against it, he wasn't qualified to do so an he hadn't the foggiest notion of what was actually going on. He didn't repeal it because he finally realized it was necessary to keep the US safe. That wasn't leadership. That was incompetence. Quote:
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When they discover the center of the universe, a lot of people are going to be disappointed they are not it. Last edited by 40yearfan; 09-11-2012 at 08:27 PM.. |
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As I posted at the very beginning of your sprint away from the answer... Spending over the 4 years of the Obama Administration is projected to rise a mere 0.4%... That my dear boy is not 5 trillion dollars in spending. Most of the 5 trillion of additional debt came from the Bush tax cuts, Medicare Expansion ( Medicare Part D) , and War spending that Bush hid by keeping it off budget. I give Obama credit for the spending he did , and I realize it wasn't ALL Bush's fault.. But the facts and the math do not support your claim . The Numbers support the assertion I have made... Of Course you are still free to prove me wrong if you want to quit running away from the question?....
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When they discover the center of the universe, a lot of people are going to be disappointed they are not it. |
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