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