Let's put the spending into perspective - who said W was a big spender, think again. - Ferrari Life
 
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post #1 of 1 Old 02-02-2010, 06:59 PM Thread Starter
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Let's put the spending into perspective - who said W was a big spender, think again.

According to the presidentís budget, the federal deficit for 2010 is expected to reach nearly $1.6 trillion, a record. And that would come on top of a $1.4-trillion deficit in 2009 and before another $1.3-trillion deficit in 2011.

Between 1789 and 2008, the U.S. government borrowed a total of $5.8 trillion. But in just the first three years of the Obama administration, the government is set borrow $4.4 trillion more.

Remember, he claims to not be an ideologue.
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