Posts Tagged ‘Richard Wolffe’

Obama’s Top 10 Spending Dodges

1. OBAMA SAID HE WOULD CUT THE DEFICIT IN HALF BUT IT WILL END UP DOUBLE WHAT HE AIMED FOR What Obama Said … February 2009: “President Barack Obama Plans To Cut The U.S. Budget Deficit To $533 Billion By The End Of His First Term …” (Hans Nichols, “Obama Plans To Reduce Budget Deficit To $533 Billion By 2013,” Bloomberg, 2/21/09) The President Believed That A Failure To Control The Deficit Would “Make It Harder For The Economy To Grow.” “Obama wants to reduce the deficit because he’s concerned that over time, federal borrowing will make it harder for the U.S. economy to grow and create jobs, said the official, speaking on the condition of anonymity.”  (Hans Nichols, “Obama Plans To Reduce Budget Deficit To $533 Billion By 2013,” Bloomberg, 2/21/09) What [...]