Saturday, October 17, 2015

Tea Party Republicans Left Dazed As Obama Cuts Bush’s Deficit By $1 Trillion

http://www.occupydemocrats.com/tea-party-republicans-left-dazed-as-obama-cuts-bushs-deficit-by-1-trillion/
"although no Republican will admit it, the public deficit has in fact shrunk by $1 trillion under Obama’s leadership, while at the same time programs like healthcare and education have expanded.
The Treasury Department reports that the fiscal year that ended September 30th witnessed the lowest deficit of Obama’s presidency – $439 billion, which is nine percent lower than last year, and over a trillion dollars lower than the $1.4 trillion that we saw the year Obama took office. These figures strike a death blow to the kind of “austerity” policies that conservatives want to impose.
Despite this impressive achievement, it’s startling how ignorant the Republicans are about the deficit."