Quote:
Originally Posted by saden1
LOL...show the math. I bet 1 year VIP membership you can't.
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I don't gamble, but here:
FOXNews.com - Obama Shatters Spending Record for First-Year Presidents
In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.
That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.
US Federal Deficit - Charts Tables History
Is $1.4 trillion (2009 US Defecit) - $410 billion (2008 US Defecit) about $1 trillion? A 2nd grader would tell you yes.