 Look familiar? |
And we thought the last administration was spending too much?
The Treasury Department said Friday that the budget deficit increased by $192.3 billion in March, and is near $1 trillion just halfway through the budget year, as costs of the financial bailout and recession mount.
Last month’s deficit, a record for March, was significantly higher than the $150 billion that economists expected.
The deficit already totals $956.8 billion for the first six months of the budget year, also a record for that period. The Obama administration projects the deficit for the entire year will hit $1.75 trillion.
A deficit at that level would nearly quadruple the previous annual record of $454.8 billion set last year. The March deficit was nearly four times the size of the imbalance in the same month last year.
The Congressional Budget Office estimated last month that President Barack Obama’s budget proposals would produce $9.3 trillion in deficits over the next decade, a figure $2.3 trillion higher than estimates made in February in the administration’s first budget proposal.
Obama is already on a roll that makes Lyndon Johnson look like a cheapskate.
#39:
Why would ACORN leave? Aren’t they getting b/millions of dollars from this stimulus?
# 41 brm said, on April 11th, 2009 at 8:58 pm
#39:
Why would ACORN leave? Aren’t they getting b/millions of dollars from this stimulus?
U R right…it was just a hope…
One might infer from remarks of the Congressional Black Caucus, that they prefer his “sugar plantation” where Cubans make about $5 a day but everything is provided, room board health care, to the US, because they enjoy not thinking or working…
If we advertised the joys of Brother Fidel’s plantation to the stress of thinking for oneself, and working for a living…perhaps at least the Congressional Black Caucus including Ms. Richardson, would move there.
I still see a lot of hate here on Easter Sunday.
Isn’t this the second most important Christan day of the year to not be an asshole?
# 43 Dallas said, on April 12th, 2009 at 6:07 am
I still see a lot of hate here on Easter Sunday.
Isn’t this the second most important Christan day of the year to not be an asshole?
I decided to opt out of the mass psychosis ANY criticism of black loons is racist…
Loons are loons and I don’t want to practice the bigotry of not criticizing them when they certainly deserve it.
Or don’t you think they are equal to white loons?
>You all are aware that we are still working under the last budget of GW Bush and will be until the fiscal year ends in October, yes?
When Reagan came into office, he cut spending right away that was already passed in Carter’s budget. When Republicans took over Congress in 1995, they passed spending cuts for money that was already budgeted, and the various agencies were working overtime to spend it before Congress could cut it. Did Obama do anything to reduce spending after taking over?
Instead he passed a large ‘stimulus’ package of a trillion dollars.
#43 That’s right. No one would dare take the asshole throne from you. You see? Christians are givers.