Obama Sends Letter to G20 Nations to Increase Spending But Says He's Serious About Reducing Deficit

It was a difficult weekend for America’s far left president. The G8 nations snubbed Obama on his attempt to push for more irresponsible government spending. The Europeans rejected Obama’s spend your way to prosperity Keynesian economic recovery plan.

However, today at a press conference Obama insisted that he was serious about reducing the deficit:

Barack Obama tripled the US deficit his first year in office.

He will likely match that deficit this year.

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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.

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