Accomplishments of President Obama

[TheMercenary]

Originally Posted by Redux

Over 3 fiscal years and the biggest single piece - $288 billion...tax cuts (lost revenue = budget deficits)

Ummm we are not talking about tax cuts. We are talking about the impact of Obama and this Congress spending habits which has exploded the deficit.

Originally Posted by TheMercenary

Ummm we are not talking about tax cuts. We are talking about the impact of Obama and this Congress spending habits which has exploded the deficit.

You pointed to stimlus watch and the ARRA contributions to the deficit.

The biggest single piece of the $862 billion (over three fiscal years) ARRA contributions to the deficit are the ARRA tax cuts.....$288 billion in less revenue.

Deficits do not just result from spending more...but also from receiving less.

[TheMercenary]

Originally Posted by Redux

You pointed to stimlus watch and the ARRA contributions to the deficit.

The biggest single piece of the $862 billion (over three fiscal years) ARRA contributions to the deficit are the ARRA tax cuts.....$288 billion in less revenue.

Deficits do not just result from spending more...but also from receiving less.

According to the very chart I linked to that made up a minor part of the deficit.

Maximum Amount: $66.13 billion
Deficit Impact: $17.76 billion

Originally Posted by TheMercenary

According to the very chart I linked to that made up a minor part of the deficit.

Maximum Amount: $66.13 billion
Deficit Impact: $17.76 billion

What part of the fact that tax cuts are the biggest single component of ARRA dont you understand?

http://stimulus.org/financialrespons...investment-act doesnt even include FY 10