1) The Troubled Assets Relief Plan (TARP) was proposed by President Bush in 2008 when he admitted the U.S. economy was on the verge of collapse. The TARP was drafted by Hank Paulson, Bush’s Treasury Secretary, and signed by President Bush on 10/3/08. Since that bill was signed after 10/1 it appears in the FY09 budget, and the GOP does not hesitate to blame it on Obama.
2) The stimulus package was, indeed, proposed and signed by President Obama. Without it, and Bush’s TARP, our financial institutions and our economy would have collapsed.
3) The amount of the budget deficits during Obama’s tenure reflect the appropriations and spending authorization given by Congress. With the exception of the TARP and the Stimulus Package, everything else is either programmatic, the result of the Great Recession, the decision to move the cost of the wars in Iraq and Afghanistan to general funds, and the effects of the 2001 and 2003 tax breaks.
4) Funding for the crusades was provided – off budget – using Executive Orders. The cost was hidden under unfunded liabilities and did not appear in the budget/national debt, until their cost was moved to general funds, where it should have been all along.
Most importantly, appropriations and spending are a congressional function. If they are concerned with the level of spending all they have to do is defund specific programs and inform the President accordingly. Do you know why they don’t do that? Because they are a bunch of cowards. Republicans object to any cuts in Defense. The bulk of Federal government outlays involve Social Security, MEDICARE, MEDICAID, interest on the debt, and unemployment benefits. The rest could be eliminated in its entirety and we would still be running a deficit.
Americans have to make a decision, either pay for the services we get, or do without. Unfortunately, members of Congress are well aware of the fact that we demand continuance of what we are getting, which leaves them with the dilemma of continuing to fund programs they hate without the money to pay for them.

Jimmy boy, I’ve told you once and I will tell you again… the wars were NOT off budget, you dope. The funding for them was done mostly through Emergency Supplememtal Appropriations outside of the annual Omnibus budget process (which Obozo has NEVER done by the way). Just because the spending is done through ESA’s does NOT mean it is OFF budget. That is a lie that you leftist freaks have been repeating over and over and over and over and over, but it’s simply not true. You have bought the lie because it suits your support of your political party, but that doesn’t make it true. Look it Jimmy boy. You will see that I am right.

Obozo’s spending of $6 TRILLION to run up the debt further is Obozo’s. He owns it, you dope. You’re just too much of an Obozo zombie and low information voter to believe the truth.

Have a nice day!

Sen. Barack Obama’s Floor Speech, March 20, 2006 — “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Increasing America’s debt weakens us domestically and internationally. Leadership means that “the buck stops here.” Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”