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re: After this latest spending spree, the nat debt with have gone up almost 700% in 20 years
Posted on 3/7/21 at 1:22 am to tarzana
Posted on 3/7/21 at 1:22 am to tarzana
quote:2004 was $412B. So in three years they wiped off $252B of a (one year) $412B deficit. Turrible. Just Turrible.
Sure, but there were years in his presidency the deficits had reached unprecedented levels at the time, $400B-$500B.
quote:Nah. Leftists like to exaggerate what it costs. LINK
And his admin conveniently omitted the cost of his wars in calculating expenditures and debt.
quote:Six years of those expenditures came under Obama...
With enactment of the FY2014Consolidated Appropriations Act on January 1, 2014 (H.R. 3547/P.L. 113-73), Congress has approved appropriations for the past 13 years of war that total $1.6 trillion for military operations, base support, weapons maintenance, training of Afghan and Iraq security forces, reconstruction, foreign aid, embassy costs, and veterans’ health care for the war operations initiated since the 9/11 attacks.
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