Thread: Elite? You Bet! And I Don't Care
07-01-2008, 12:13 AM-
In actual dollars, President Obamaís $4.4 trillion in deficit spending in just three years is 37 percent higher than the previous record of $3.2 trillion (held by President George W. Bush) in deficit spending for an entire presidency. Itís no small feat to demolish an 8-year record in just 3 years.
Under Obamaís own projections, interest payments on the debt are on course to triple from 2010 (his first budgetary year) to 2018, climbing from $196 billion to $685 billion annually.
|« Previous Thread | Next Thread »|