Showing posts with label Obama Budget Deficit. Show all posts
Showing posts with label Obama Budget Deficit. Show all posts

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.")