Of Course They Are… White House Says They’re Serious About Deficit Reduction

Of course, they’re serious about reducing the record deficit…
That’s why they tripled the deficit compared to the previous administration every year they’ve been in office.

Obama said he was going to cut the deficit in half back in 2009. Instead he tripled it his first year in office and it’s only getting worse.

The Obama deficit this year could likely reach $1.65 trillion. (The Captain’s Comments)

Real Clear Politics reported:

“I think that has been proven again and again, White House press secretary Jay Carney said of President Obama’s commitment to reducing the deficit. “Most recently by the continuing resolution negotiation that averted a government shutdown earlier this year with Republicans that tighten deficits significantly in this fiscal year by the Affordable Care Act, which is a long term deficit.”

Obama’s serious about spending taxpayer dollars and future taxpayer dollars.
That’s the only thing he’s serious about.

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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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