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Didn't you say repeatedly that the record budget in 2009 was entirely Obama's fault?
How is the record budget in 2017 not entirely Trump's fault using your own logic?
Wait, didn't our resident financial expert there (or he just thinks he is) say Obama had the lowest spending on record??
Real federal spending in fiscal 2017, which ended on Sept. 30, was higher than in any year in the history of the United States other than fiscal 2009, which was the year that President Barack Obama’s $840 billion stimulus law was enacted.
Seems to me this only proves we have had 3 shitty totally fiscally irresponsible presidents in a row. Pretty sad the last president that had any fiscal responsibility at all was Clinton.
There's a guy posting here who in the same thread argues that both the 2009 budget deficit and the 2017 budget deficit are Obama's fault without the slightest inkling of how insane this is.
Obama's stimulus package was NOT part of the regular budget. It was signed by Obama in Feb of 2009. That was ADDED to the normal budget spending. Now let's see how your reading comprehension works.
Did it add to the federals spending that year or not? Was 2009 the highest year for spending?
Are these questions too difficult for you to answer, Cranky Bob?
Just wait til you see Trump's deficits.Those will be deficits the likes that the world has never seen.
The budget shortfall rose to $666 billion in the fiscal year that ended on Sept. 30, up $80 billion, or 14%, from fiscal year 2016. That tracks with an estimate from the Congressional Budget Office, which had predicted a $668 billion deficit for the last fiscal year.
Real federal spending in fiscal 2017, which ended on Sept. 30, was higher than in any year in the history of the United States other than fiscal 2009, which was the year that President Barack Obama’s $840 billion stimulus law was enacted.
Total federal spending in fiscal 2017, according to the Treasury, was $3,980,605,000,000. Total federal tax revenue was $3,314,893,000,000.
Prior to this year, the highest level of real federal spending was the $4,024,794,600,000 in constant 2017 dollars (adjusted using the Bureau of Labor Statistics inflation calculator) that the Treasury spent in fiscal 2009.
As a percentage of gross domestic product, the deficit totaled 3.5%, up from 3.2% in fiscal year 2016.
https://www.wsj.com/articles/u-s-ran-666-billion-deficit-in-fiscal-2017-sixth-highest-on-record-treasury-says-1508522722