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Discussion: What do you think of this Federal Deficit Fact?
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February 1st, 2010
President Obama received a record 1.2 trillion dollar deficit from the Bush administration. If his new budget for 2011 holds true, that deficit will have increased to….. 1.5 trillion dollars, after the 2011 fiscal year.
That’s amazing. Even after a record 787 billion dollar stimulus, a massive bank bailout, and the worst recession since the Great Depression…. Obama tacks only .3 trillion onto the deficit in 2 years.
Just some info that my fellow Dems can use against the purposely blind on the other side of the aisle. (they’ll probably throw something back to you about him being a socialist, so just be ready for that.)
What do you think of this?
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