CBO to Obama: Your budget deficit numbers are off by 1.2 trillion (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
May 23, 2024, 06:12:43 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  CBO to Obama: Your budget deficit numbers are off by 1.2 trillion (search mode)
Pages: [1]
Author Topic: CBO to Obama: Your budget deficit numbers are off by 1.2 trillion  (Read 1386 times)
Bo
Rochambeau
Atlas Icon
*****
Posts: 13,986
Israel


Political Matrix
E: -5.23, S: -2.52
« on: March 05, 2010, 11:02:37 PM »
Quote from: ○∙◄☻¥tπ[╪AV┼cVê└ on March 05, 2010, 10:17:52 PM
Bush was off by more than that. There was supposed to be a $5.6 trillion surplus over the period 2001-2010. Instead, the national debt increased by around $7 trillion.

The 2000 projections did not factor in a recession and jobless recovery in 2001 and 2003, which Bush could have done nothing about (not to mention the current recession). Also, 9/11 changed the dynamic of things.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.02 seconds with 11 queries.