Barack Obama increased the national debt by over $3 trillion in just over 2 years.
Obama tripled the deficit in one year with his failed stimulus plan.
The Obama deficit this year may reach $1.65 trillion. (The Captain’s Comments)
Barack Obama and Democrats also 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.
To top if off, Obama has consistently demonized Republicans for pushing spending cuts.
Today Obama told the American people that he really does want to reduce the deficit and that “government needs to start living within its means.”
Via Breitbart TV:
From the White House website:
Right now, there are a lot of folks who are still struggling with the effects of the recession. They’re wondering how they’d deal with an unexpected expense if their car breaks down. They’re worried about layoffs. They’re not sure if they can help their kids pay for college. And for many families, these challenges were around long before the recession hit in 2007.
I ran for President because I believed in an America where ordinary folks could get ahead; where if you worked hard, you could have a better life. That’s been my focus since I came into office, and that has to be our focus now. It’s one of the reasons why we’re working to reduce our nation’s deficit. Government has to start living within its means, just like families do. We have to cut the spending we can’t afford so we can put the economy on sounder footing, and give our businesses the confidence they need to grow and create jobs.