Thanks Barack. This didn’t get much press for some reason but Obama and democrats spent billions this year on their failed stimulus plan and set all kinds of spending records along the way. 
The US budget deficit tripled in Obama’s first year in office.
The unemployment rate nearly doubled.
FOX News reported.
The federal budget deficit tripled to a record $1.4 trillion for the 2009 fiscal year that ended last week, congressional analysts said Wednesday.
The Congressional Budget Office estimate, while expected, is bad news for the White House and its allies in Congress as they press ahead with health care overhaul legislation that could cost $900 billion over the next decade.
The unprecedented flood of red ink flows from several factors, including a big drop in tax revenues due to the recession, $245 billion in emergency spending on the Wall Street bailout and the takeover of mortgage giants Fannie Mae and Freddie Mac. Then there is almost $200 billion in costs from President Obama’s economic stimulus bill, as well as increases in programs such as unemployment benefits and food stamps.
The previous record deficit was $459 billion and was set just last year.
Hey, here’s an idea…
Let’s give them health care, too!
UPDATE: On the same day that it was announced that the Obama-Pelosi-Reid government TRIPLED the US deficit, there are reports that dems are planning their second “stimulus” package.
And, the report says the dems are leaving for later how to pay for it, “Or whether even to bother.”
November 4th, 2009 | 10:50 pm | #1
[...] drinkers. The Zombie’s “O” Sign of Progress- Double the unemployment rate and triple the deficit in one [...]
November 9th, 2009 | 7:33 am | #2
[...] its the fact that he tripled the national deficit in less than one [...]
November 11th, 2009 | 11:13 am | #3
[...] just wait until Americans realize that Dear Leader and the democrats have tripled the national budget deficit and nearly doubled the unemployment rate. That ought to go over like a [...]
November 13th, 2009 | 1:34 pm | #4
[...] George Bush never did this. Obama tripled the national deficit his first year in office and he’s off to a record-setting start in fiscal year [...]
November 16th, 2009 | 8:24 am | #5
[...] of health care by $289 billion over the next 10 years. Isn’t it a bit late for that? Obama tripled the US deficit his first year in office. His October budget deficit was greater that Bush’s 2007 budget [...]
November 16th, 2009 | 9:06 am | #6
[...] it a bit late for that!! Obama tripled the US deficit his first year in office. His October budget deficit was greater than Bush’s 2007 budget deficit [...]
November 18th, 2009 | 2:05 pm | #7
[...] He’s tripled the national deficit in less than one year. He’s increased the national debt to $12 Trillion. And he’s nearly doubled the unemployment rate since the Bush years. Comments (0) [...]
November 19th, 2009 | 12:40 pm | #8
[...] today during a House hearing. Geithner supported the disastrous financial decisions that saw the national deficit triple in one year under Barack Obama: Geithner sharply rejected the call to resign and blamed the [...]
November 19th, 2009 | 7:06 pm | #9
[...] today during a House hearing. Geithner supported the disastrous financial decisions that saw the national deficit triple in one year under Barack [...]
November 19th, 2009 | 7:49 pm | #10
[...] today during a House hearing. Geithner supported the disastrous financial decisions that saw the national deficit triple in one year under Barack [...]
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