Wednesday, September 30, 2009

Chart of the day

From Veronique de Rugy:


Some might recall that the title of the Obama Administration's first budget was "A New Era of Fiscal Responsibility."

3 comments:

vince said...

hey, didn't Bush exclude the budgets for the wars in Afghanistan and Iraq in his overall budget, whereas Obama did?

Colin said...

Yes, but deficit figures include total spending from what I understand.

lazer said...

but...seems like the majority of the budget is due to SS and Medicare costs - which Obama didn't cause, but is trying (in some peoples' opinions) to manage - plus the Iraq and Afghanistan war, which Bush started. Plus the Medicare prescription benefit that Bush/GOP rammed through.

Where are the shocking new entitlements or programs that Obama is proposing that's blowing up the deficit?