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Obama Plans to Cut Deficit in Half by 2013 (Blast to the past. 2/24/2009)
Fox News ^ | 2/24/2009 | ap

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 ...


TOPICS: Extended News; News/Current Events
KEYWORDS:
Everything Obama says is a lie.
1 posted on 09/07/2012 3:34:54 AM PDT by tobyhill
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To: tobyhill

Fool me once...


2 posted on 09/07/2012 3:38:51 AM PDT by CMailBag
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To: tobyhill

Come on tobyhill,
obammy is surely getting his golf handicap in fine shape.
So you can’t say he is entirely worthless.


3 posted on 09/07/2012 3:41:52 AM PDT by Joe Boucher ((FUBO) Hey Mitt, F-you too pal)
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To: tobyhill

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.


4 posted on 09/07/2012 3:43:49 AM PDT by Dr. Sivana ("I love to watch you talk talk talk, but I hate what I hear you say."-Del Shannon)
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To: Joe Boucher

“So you can’t say he is entirely worthless”

We can always use him as a bad example.


5 posted on 09/07/2012 3:44:22 AM PDT by Einherjar ( Asking only workman's wages I come looking for a job But I get no offers...Just a come-on from the)
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To: tobyhill

Anybody that believes anything this clown has to say is an idiot.


6 posted on 09/07/2012 3:45:30 AM PDT by Venturer
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To: tobyhill
satan’s son lies... who would have ever guessed?

LLS

7 posted on 09/07/2012 4:02:25 AM PDT by LibLieSlayer ("if it looks like you are not gonna make it you gotta get mean, I mean plumb mad-dog mean" J. Wales)
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To: tobyhill

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.


8 posted on 09/07/2012 4:03:13 AM PDT by yldstrk (My heroes have always been cowboys)
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To: tobyhill
Obama plans to Cut Double the Deficit in Half by 2013.

There, fixed it.

9 posted on 09/07/2012 4:07:59 AM PDT by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: tobyhill

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.


10 posted on 09/07/2012 4:10:59 AM PDT by rod1 (CTLY)
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To: Venturer
Oh, he tells the truth occasionally.

Like skyrocketing fuel prices, and upcoming famine.

11 posted on 09/07/2012 4:12:21 AM PDT by rawcatslyentist (I'd rather have a bottle in front of me, than a Barack 0b0tt0my!)
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To: tobyhill
Watch me pull a rabbit out of my hat

Again?

[fail]

Gee, I gotta get me a new hat

No, we gotta get a new president.

     Love, Rocket J Squirrel

12 posted on 09/07/2012 4:39:48 AM PDT by NonValueAdded (Taranto: "The whole point of the metaphor is that if you can hear the whistle, you're the dog.")
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To: tobyhill

So his plan is take it back to where it was in 2008?


13 posted on 09/07/2012 5:05:13 AM PDT by sniper63 (If Obama pats himself on the back anymore, his shoulder will dislocate.....)
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