Because $1.29 Trillion in Deficit Is Not Enough… Obama To Propose $300 Billion in Spending to Jump-Start Jobs

Obama topped a trillion dollars in deficit his first year in office… And, his second year in office… And, his third year in office.
Thanks to this historic spending the US economy was downgraded last month.

The Obama deficit this year is expected to reach $1.29 trillion. (The Captain’s Comments)

Barack Obama and Democrats added over One Trillion Dollars to the Federal Budget in the last 4 years.

That’s at least a 30% increase in federal spending in just 3 years.

Now this…
Barack Obama will propose $300 billion in stimulus to jump-start jobs this week.

(more…)

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

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