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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
Posted by Taxing Authority
Houston
Member since Feb 2010
57455 posts
Posted on 3/7/21 at 1:22 am to
quote:

Sure, but there were years in his presidency the deficits had reached unprecedented levels at the time, $400B-$500B.
2004 was $412B. So in three years they wiped off $252B of a (one year) $412B deficit. Turrible. Just Turrible.

quote:

And his admin conveniently omitted the cost of his wars in calculating expenditures and debt.
Nah. Leftists like to exaggerate what it costs. LINK

quote:

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.
Six years of those expenditures came under Obama...
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