Spending under Obama increasing at lowest pace since Eisenhower's administration (user search)
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  Spending under Obama increasing at lowest pace since Eisenhower's administration (search mode)
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Author Topic: Spending under Obama increasing at lowest pace since Eisenhower's administration  (Read 6330 times)
AmericanNation
Jr. Member
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Posts: 1,081


Political Matrix
E: 4.90, S: 1.91

« on: May 26, 2012, 10:04:43 AM »


The last federal budget was passed in 2008, in April. More than 4 years ago. Obama will be the first president never to pass a budget in his entire term.

We don't actually know how much he has spent because we don't have a budget. The numbers that we do have, show that the debt has jumped from 60 percent of GDP all the way up to 100+ percent.
I think he signed a budget his first year in office.  Still, only passing one budget in 4 years is pathetic. 

This is pretty simple.  Nutting took at least 1.6 trillion of Obama (debt)spending increases and gave it to Bush.  Running a 1.5 to 2 trillion dollar deficit every year of your term is a 'flat' trend in a misleading sense.  Jacking up spending in year one (than pretending that increase doesn't count) and than base lining forever at the insane level isn't "flat."  It is spiking up and continuing the spike level out.     
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AmericanNation
Jr. Member
***
Posts: 1,081


Political Matrix
E: 4.90, S: 1.91

« Reply #1 on: June 01, 2012, 10:25:49 AM »

Nope. The last budget passed was in April of 2008. There have been zero budgets passed under Obama, so the only way to know how much has been spent is to look at the debt.
did they pass a half year budget in Obama's first year?  They passed something and the continuing resolutions have been based on that.  I'm to lazy to look right now.   
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