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Old 02-28-2009, 05:45 AM   #3
monkeypaw
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Those are the actual figures in the history so budgetary tricks come to the surface.

Here's the Cliff notes.

Past 2013, the recession is over, the Bush tax cuts have ended, the higher tax rate is imposed, the troops are out of Iraq and I guess Afghanistan, and there's still a $600 billion deficit each year. That's $1.2 trillion extra debt every 2 years.

And it slowly widens out all the way through 2017 in the graph. The Budget actually goes through 2019 when the deficit is $712 billion.

There's not even any attempt at reducing the deficit. No more defense to cut, no more tax increases, no more efficiencies to wring out. We just borrow $600 billion a year.

Oh I forgot, to get the budget .pdf, click the "Read the full Budget" link, or click below. There are summary tables around page 120 of the .pdf.

http://www.whitehouse.gov/omb/assets...nsibility2.pdf
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