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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: PROLIFE who wrote (682488)11/2/2012 4:33:33 PM
From: combjelly  Read Replies (1) | Respond to of 1576645
 
Nonsense. The bad loans were written around 2004. Who controlled Congress at the time? Hint, it wasn't the Democrats. Budgets may be set by Congress, but the president sends over a budget that has his priorities and Congress usually goes by it.

The bulk of the deficit that was handed to Obama was the direct result of the Bush tax cuts and running two wars on the credit card. They were totally off budget. What Obama did was put them back in the budget where they belonged. Which is why it looked like spending was increasing greatly instead of just being honest.

It isn't like the budget started to climb in 2008. Bush ran high deficits every year he was in office.