03-21-2009, 07:39 PM
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#14
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Ironworks Moderator 
Join Date: June 27, 2001
Location: Montreal, Quebec, Canada
Age: 44
Posts: 6,766
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Re: Obama budget could bring $9.3 trillion in deficits
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Originally Posted by Felix The Assassin
Go back over it, it is the current president who has created this situation with his elaborate spending and bailouts...
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Check this out:
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The administration says it inherited deficits totaling $9 trillion over the next decade and that its budget plan cuts $2 trillion from those deficits. But most of those spending reductions come from reducing costs for the war in Iraq.
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