Don't Be Fooled By Tonight's Speech!!!

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This chart is from Wikipedia.com

 

File:2010 Budget - Deficit and Debt Increases.png

As Hugh Hewitt points out at his blog:

"President Obama and the Democrats in Congress have increased the deficit from $161 billion to $1.75 trillion in two years!  The "cut" is to $1.17 trillion in 2010. The panic of 2008-2009 required one-time expenditures to arrest the fear, but the Democrats used the crisis as an excuse to print billions and billions of dollars.  And they refuse to stop."

Unfortunately any promise made to freeze spending at the current level is only a temporary measure while they figure out how to raise everyone's taxes without getting all Democrats voted out of office!

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This page contains a single entry by Granny G published on January 27, 2010 12:57 PM.

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