The deficit will be larger next year as Obama is doing nothing more than spending. Top tax rate will top 50% when the Bush cuts expire. Then they will add in an extra 5.4% for healthcare, on top of the increased taxes on everyone for energy and industrial goods.
Not to mention Obama will have spent more in this first year as president that Bush did during his entire 8 years in office..
As I said before I think both parties spent way too much...but to be fair to Obama I don't think he is gonna pass another trillion+ dollar health care bill next year, nor a trillion dollar bailout next year either. He claimed he would get us out of Iraq, which would save a lot of money, but so far haven't seen much on that.
No no no no. Obama is ending Bushes war in Iraq. But again when he opens his mouth he is either hiding or lying! He is ending the war in Iraq, and just moving it into Afganastan.Originally Posted by bu villain
If them dems can get the bills through congress Obama will sign them in an instant.
If the health care bill doesnt get through congress before campaign season it wont go anywhere. No one that is up for re-election this year really wants to support it because of the massive opposition for it. People know govt cannot efficiently run anything so they dont want govt anywhere near their health care.
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