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May 1, 2014

This administration is trying to take credit for and herald the “falling budget deficit.”

Here are the facts about the so-called “falling budget deficit.” The six budget deficits under Obama are the six highest budget deficits in history.

Six for six! In 2009, the deficit under Obama was more than $1.4 trillion. In fact, we saw deficits of more than a trillion dollars from 2009 through 2012. Now that the deficit is back in the hundreds of billions, the Democrats deny we have a government-overspending problem. But this year’s budget deficit – the smallest under Obama – is still higher than any in American history under any president not named Obama.
The Insiders: The Democrats own this economy

Posted by gerardvanderleun at May 1, 2014 7:44 AM. This is an entry on the sideblog of American Digest: Check it out.

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