While I do agree with you in many ways, no one can even begin to compare Bush spending to Obama spending.Originally Posted by .blank cd
Bush's largest tax receipt year was 2007 when the govt collected 2.568T. In today's currency, that would be about 2.85T. That year was also his lowest deficit at only 160B, ~175B in today's currency.
Obama's deficits have fallen every year he has been in as the economy slowly adds jobs but he hasnt broken 1T yet. Today's spending is 1.14T higher than 2007 and tax receipts are only 100B lower, ~400B when you adjust for inflation.
I dont care what program you want to look at for cuts, but spending is the problem, not revenue. If revenue was actually a problem, we would have had more than 5 years over the last 50 that we actually ran a surplus.
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