2012 Deficit over $1 Trillion.....again.

http://thehill.com/blogs/on-the-mon...a-as-deficit-officially-tops-1-trillion-again

Any idiot can thrown money down the tubes. You cannot excuse this. From the guy who said he would cut the deficit in half, he has added trillions each year.

 

Over four trillion dollars in deficits.

Why would anyone voting for such unprecedented failure?

Remember indpendents, this is what you have to look forward to:
Obama would like to make it eight straight years of trillion dollar deficits. How can I say that? Where is there any indication that Obama is changing course or has a plan that deviates from the last four years? There is none!

 

It's Bush's fault!!...or Romney's fault!!...or the Intelligence Community's fault!!...or a Youtube video's fault!!...

 

Hey Obamabots. When we run out of Other People's Money (OPM), we all will suffer enormously. But this Conservative is just one of many who, when I hit bottom hard, will be on your scumbag heads. And then I will let loose with a well-aimed and fermented fart.

It will be the only gratification at that point. And you will agree that you deserved such.

 

If that's true why are the Repubs against tax increases?

 

And the big point here is that our dear leader Obama OWNS 60% of the national debt!!! In just 4 years Obama owns 60% of the national debt!!!!!!!!

 

This is what happens, when you give a Democrat a money printing machine.

 

Below is where the money went according to the recent Treasury Report.

Notice that we are shelling out $454 billion per year on INTEREST on prior debt!

The amount spent on interest represents HALF of what we spend on Health and Human Services and TWO THIRDS of what we spend on Defense!

Interest payments has become the third highest outlay.

We now pay out as much in interest as the largest deficit before Obama.

The CBO and GAO have both projected that in a decade or so, debt interest could represent the LARGEST single outlay - LARGER than HHS (if that can be imagined!) - and LARGER than Defense.

Have a nice day.

Code:

;CBUDGET OUTLAYS ($millions)                           
                                                       
LEGISLATIVE BRANCH                                4,583
JUDICIAL BRANCH                                   7,295
DEPARTMENT OF AGRICULTURE                       139,399
DEPARTMENT OF COMMERCE                            9,930
[B]DEPARTMENT OF DEFENSE-MILITARY PROGRAMS         678,073[/B]
DEPARTMENT OF EDUCATION                          65,486
DEPARTMENT OF ENERGY                             31,372
[B]DEPARTMENT OF HEALTH AND HUMAN SERVICES         891,244[/B]
DEPARTMENT OF HOMELAND SECURITY                  45,744
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT      57,005
DEPARTMENT OF THE INTERIOR                       13,529
DEPARTMENT OF JUSTICE                            30,518
DEPARTMENT OF LABOR                             131,973
DEPARTMENT OF STATE                              24,355
DEPARTMENT OF TRANSPORTATION                     77,302

DEPARTMENT OF THE TREASURY:

  [COLOR=#ff0000][B]INTEREST ON TREASURY DEBT SECURITIES (GROSS)  454,015[/B][/COLOR]
  OTHER                                          84,687
DEPARTMENT OF VETERANS AFFAIRS                  126,917

 

"...why are the Repubs against tax increases?"

Taxcutter says:
Because spending cuts come first.

 

Because we believe people should keep more of their own money.

If you tax people over 1 Million in income at 100% you still are half a billion short on just the budget deficit.

fail

 

Deficits have gone down by 200 billion dollars since Obama took office. And he's the first president in decades to decrease spending.

 

That's all? Wow! We need to increase taxes

 

The fact that he managed to reduce the deficit by 200b and decrease spending during a recession without harming the recovery is nothing short of amazing to me. That's why I will be voting for him again. I'm awe-inspired by the excellent work Obama has done despite a foaming at the mouth obstructing opposition.

 

So spending is up, deficits are up, the debt is up, but Obama cut spending.
lmao

 

Which is why you need to cut spending AND raise taxes

 

Did you have a stroke? Read what was written AGAIN. For the brain damaged, it means that it really doesn't matter how high taxes are raised; spending is completely out of control.

Understand?

 

Show me one stat that says deficits are up since Obama took office? He started with a 1.2 trillion dollar deficit. That's what he inherited. Along with the worst recession since 1929. Everyone in 2008 was expecting higher deficits. But the opposite was true. Obama reduced deficits by 200b

Why you feel the need to lie to defend your points is beyond me. Either they hold ground or they don't. Why would you lie?

 

He hasn't.

Obama inherited this.
AAA credit rating
1.80 gas
9 Trillion debt ( its now 16)

I could go on, Obama sucks, just admit it.

I want to know why Obama said he was going to cut the deficit in half and he hasn't. He has added 6 Trillion in new debt.

 

Do you mean tax revenue increases or tax rate increases?

Spending

2007 2,728,686
2008 2,982,544
2009 3,517,677
2010 3,456,213
2011 3,603,061
2012 est3,795,547
2013 est3,803,364

Spending has increased 40% since the Republicans last controlled the budget and that budget had a measly $161B deficit at current tax rates, it is more than a $Trillion dollars more since the Democrats took over the purse strings and we now had guess what $Trillion deficits and they want more.

We conservatives want the deficits to come back down, we also want revenues to go back up to where the Republicans had them.

The choice is do you do that with huge tax rate increases or do you do that by controlling spending and growing the economy and getting people back to work and paying taxes?

 

What does that have to do with no budget so you can run trillion dollar deficits

 

One third of that debt came from Obama

 

What deficits? He is a trillion over budget every year and added over 5 trillion to the national debt

 

Ayuh,.... That's how the liberal progressives do it,....

Don't write a Budget, just keep passin' continuing resolutions...

Obo has spent the Stimulus package, 4 Times over now....

In Obo's 1st year, the progressives passed off the Huge deficit as the Stimulus package,....

Here we are 4 years later, 'n Obo is Still spendin' the Stimulus package....over, 'n over, 'n over again...

 

What is even more funny, is how they keep talking about they want details from Romney's plan, when Obama doesn't even have a plan.

 

Actually they have gone up from $161 billion to over $1 Trillion the last five years while Obama has been "in office". Obama was in office in 2007 and voted against the Republican budgets of that year, http://www.senate.gov/legislative/L...ote_cfm.cfm?congress=109&session=2&vote=00074 and a deficit of a measly $161 billion, and the voted for and supported the Democrat budget of 2008 which raised the deficit to over $450 billion and 2009 which raised it $1,412 billion and then at the White House as President. His first budget proposal had a deficit of $1,560 billion in 2010 and $1,260 Billion in 2011. Both received not one vote, not even Democrat votes. He voted for and submitted budgets that had deficits almost TEN TIMES the ones he voted against.

So why would you keep him in office. He said he would cut the deficit in half his first term.................not even close.