Skip to comments.Obama Plans to Cut Deficit in Half by 2013 (Blast to the past. 2/24/2009)
Posted on 09/07/2012 3:34:45 AM PDT by tobyhill
President Obama pledged boldly to cut the trillion-plus dollar U.S. budget deficit by half in his first term, even as he announced massive spending to revive the sagging economy.
He issued the vow shortly after telling state governors he was sending them $15 billion to help with health care payments for poor people -- a first outlay by Washington of Obama's $787 economic stimulus plan designed to rescue the nation's economy from the steepest downturn in eight decades.
In a day of fevered economic activity, the administration also announced it had revamped financial bailout plans with an eye to injecting fresh capital into financial institutions starting Wednesday. Several regulatory agencies issued the statement as concerns grew that some of the biggest U.S. banks likely need more federal money to survive the fallout from the worst financial crisis since the 1930s.
(Excerpt) Read more at foxnews.com ...
Fool me once...
Come on tobyhill,
obammy is surely getting his golf handicap in fine shape.
So you can’t say he is entirely worthless.
Well, if he could get it down to where it was in 2009, he’d have accomplished it. He just didn’t tell us he’d double it DURING his first term.
“So you cant say he is entirely worthless”
We can always use him as a bad example.
Anybody that believes anything this clown has to say is an idiot.
Anyone who even remotely believes that is completely blind to the theft and corruption and looting of this country that has taken place under this administration.
There, fixed it.
Yeah well planned to do a bunch of stuff economically by th eend of his first year in office. What he say he plans is meaningless. ala the Summer of Recovery.
Like skyrocketing fuel prices, and upcoming famine.
Gee, I gotta get me a new hat
No, we gotta get a new president.
Love, Rocket J Squirrel
So his plan is take it back to where it was in 2008?
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