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Originally Posted by mookiemookie
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According to the Congressional Budget Office’s January 2009 estimate for fiscal year 2009, outlays were projected to be $3,543 billion and revenues were projected to be $2,357 billion, leaving a deficit of $1,186 billion. Keep in mind that these estimates were made before Obama took office, based on existing law and policy, and did not take into account any actions that Obama might implement.
Therefore, unless one thinks that McCain would have somehow or other raised taxes and cut spending (with a Democratic Congress), rather than enacting a stimulus of his own, then a deficit of $1.2 trillion was baked in the cake the day Obama took office. Any suggestion that McCain would have brought in a lower deficit is simply fanciful.
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And just what are Democrats doing to fix the budget deficits other than making it much worse. I believe we're looking at an overall deficit increase (projected from new spending and projected healthcare spending) of $11 Trillion. The trends from last night prove that voters aren't going to go for the blame shifting that Democrats are attempting here.
This is Obama's deficits. No way to shake that. Can't shift the blame. The buck stops at the desk of Obama. The more he continues to try and blame others for his failures, the worse it will get for him. Watch and learn.
Anyway mookie, the Democrats have already sold guys like you down the river. You're kind of like an abused wife that's trying to believe it willl get better if you can just hang on.
