The Center for american progress breaks down the budget.
Today, James Inhofe, crack addict of Oklahoma (is Oklahoma the stupidest place on the planet?) claimed that the president’s comments about the Bush administration’s contribution to the deficit “disingenuous†and “just not true.â€
I’ve discussed that enough – Obama’s comments are fact.
I do understand the republicans not wanting to agree with reality, but they made that bed.
Inhofe is also the moron that went to the copenhagen climate conference as part of a “truth commission”, which turned out to be just him – in order to convince the rest of the world that climate change is a hoax.
Does Inhofe guy make Oklahoma proud?
Additionally, I found this recent garbage article.
Instead of stating fact, they state “what democrats say” and nearly give equal credence to repub spin.
Its really not hard to determine who spent what – its all in the budgets for the last 10 years.
THERE IS NO PERSPECTIVE – THERE IS NO VIEWPOINT ATTACHED TO A BUDGET.
NUMBERS DON’T CARE AND THEY DON’T LIE.
WARS COST MONEY (OVER A TRILLION – NONE OF IT PAID FOR)
BUSH TAX CUTS COST MONEY (OVER 1.3 TRILLION – NOT OF IT PAID FOR)
MEDICARE PART D COST OVER HALF A TRILLION – AGAIN, NOT PAID FOR
THE FINANCIAL RESCUE COST MONEY (TARP+BAILOUTS).
THAT WAS BUSH, and I applaud that effort.
Obama’s contribution to the deficit last year (the 1.4 trillion) was roughly 200 billion, of which about half was TAX CUTS.
The rest was that years investments in the stimulus and some increases to veteran’s care and a couple other mandatory programs.
200 billion is obama’s total, of that 1.4 trillion dollar deficit.
The vast majority is due to Bush and the recessions (fewer taxes collected).
And another thing I keep seeing in comments is that some democrats voted for president bush’s tax cuts.
Sure, we have a few conservative democrats mucking things up.
Probably Landrieu, Nelson and Lieberdouche consult with Rove.
But remember, the bush tax cuts for the wealthy were passed with reconciliation (simple majority required, which repubs had for 6 of Bush’s years).
Same with the medicare expansion.