Wednesday, December 28, 2016

Final Debt

President Obama's debt legacy:
A breakdown of Obama’s budgets for each fiscal year and the amount they added to the debt comes from an analysis produced by thebalance.com:

FY 2016 – $1.423 trillion.

FY 2015 – $327 billion.

FY 2014 – $1.086 trillion.

FY 2013 – $672 billion.

FY 2012 – $1.276 trillion.

FY 2011 – $1.229 trillion.

FY 2010 – $1.652 trillion.

FY 2009 – $253 billion. (Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama’s contribution to the debt.)

While he was running for president, Obama criticized President Bush’s deficit spending, calling it “irresponsible” and “unpatriotic.”
So what did that make Obama?

No comments:

Post a Comment

Gold Star Mine

There's gold in them stars: The colliding stars spewed bright blue, super-hot debris that was dense and unstable. Some of it coalesced i...