Cristy Li

Even though President Obama has repeatedly promised that he would cut the federal budget deficit, the deficit has quadrupled during Obama’s watch.

Bush Deficit -v- Obama Deficit

The U.S. is close to $12 Trillion Dollars in Debt by Rep. Michelle Bachmann R-MN

Congressional Budget Office Chief, “Under current federal law, the federal budget deficit is on an unsustainable path because federal debt will continue to grow much faster than the economy over the long run.”

Rest here from CBO Director’s Blog

This entry was posted on Friday, November 20th, 2009 at 4:37 pm and is filed under Barack Obama, Budget Crisis, Democrats, Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.