Thursday, February 18, 2010

Obama vs. Bush Budget Deficits

According to Jeffrey Anderson at Investor's Business Daily:

"In all, if Congress approves his current budget, Obama's deficit spending will total $3.5 trillion for the first half of his first term. President Bush's deficit spending totaled $2.9 trillion. In other words, Obama's deficit spending for his first two years in office will exceed Bush's deficit spending for his entire eight-year presidency."

(The source for this information is, "Obama's own White House Office of Management and Budget.")

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