Wednesday, October 14, 2009

Biggest Deficit Since 1945

It's officially official. The Obama administration on Friday said the government ran a $1.42 trillion deficit in fiscal year 2009. That made it the worst year on record since World War II, according to data from the Treasury and the White House Office of Management and Budget. Tax receipts for the year fell 16.6% overall, while spending soared 18.2% compared to fiscal year 2008. Obama and his henchmen along with Pelosi Reid have mugged the Treasury to line their special interest's pockets.It's like giving a spendaholic a new credit card with an unlimited credit line and saying now don't abuse this.

1 comment:

  1. dont worry..Hussein is just getting started!..keep up the good fight!

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