As I have pointed out many times in this blog, the FY 2007 federal budget - the last one put together by Republicans - was $2.7 trillion. Since Pelosi and Reid took over, the federal budget is at $3.8 trillion, which Obama is trying to continue at that level.
The deficit is entirely comprised of new Democrat spending since 2007 and Obama is uninterested in changing it. A graphic of the problem:
Note in the graphic that after those 2 wars were started and after the so-called Bush tax cuts, the deficit was DECREASING! All the way up until the Democrats took over Congress. After that, fiscal hell ensued. By the way, What would happen if a normal American family ran its finances the same way the federal government does?
- Voted "yea" March 18, 2008 on the $3.1 trillion in fiscal outlays with a projected $400 billion budget deficit (only 2 Republicans voted "yea", and not one Republican in the House voted for it after the conference committee)
- Biden, Rahm Emmanuel and Hillary Clinton voted "yea" as well
- Voted "yea" October 1, 2008 for the $700 billion Troubled Assets Relief Program (TARP) along with Biden and Clinton
- Pushed through and signed into law the $787 billion stimulus bill boondoggle in February 2009
- Signed into law $410 billion of additional spending in the 2009 budget in March 2009
March 14 (2008)All of the annual deficits under Obama are his own. He has no one to blame but himself. I'm no fan of Bush's spending, but Obama truly makes him look like a fiscal conservative.
Obama Statement on the Senate's Passage of the FY 2009 Budget
Washington DC -- Sen. Obama today released a statement on the Senate's passage of the FY 2009 Federal Budget:
"In Illinois and throughout the country, Americans share common hopes and common struggles. They are worried about keeping their jobs and being able to pay record gas prices and stay ahead of their mortgages and credit card bills and still have enough left over to make ends meet. They want to know that they'll have health care when they get sick - not just for themselves, but for their children and elderly parents. They want to know that a quality education and a college degree are within reach for all Americans. They want to retire with security and dignity. And they want to know that our government is doing everything it can to keep our nation safe and secure.
"The budget passed by the Senate tonight makes significant progress in getting our nation's priorities back on track. After years of the Bush tax cuts for the wealthiest Americans, this year's budget helps restore fiscal responsibility in Washington, and provides tax relief for the middle class and low-income families who need help most. It includes an expansion in the Child Tax Credit that I have fought for and makes marriage penalty relief permanent. And it rejects the President's drastic cuts in important domestic programs.
"We need change in this country, and this budget is an important step in helping bring it about. I commend Chairman Conrad for his extraordinary leadership in moving this resolution forward and moving America's fiscal policies in the right direction."

