$3.5 Trillion? Take this guy’s credit card away already. Enough is enough, and now he has the nerve to say we need to get spending under control? Here’s an idea; scrap the rest of the non-stimulus stimulus, cancel healthcare and Cap & Trade, and focus man, focus. Cut up the credit cards already. My great grand kids don’t want to pay for your irresponsibility.
The federal government spent $3.5 trillion during President Obama’s first year in office. This far exceeds the spending for any other first-year president.
President Obama has shattered the budget record for first-year presidents — spending nearly double what his predecessor did when he came into office and far exceeding the first-year tabs for any other U.S. president in history.
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.
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