Skip to comments.Boehner-Obama Deals Produce $2.5T New Debt in 2 Years; $21,817 Per Household
Posted on 03/08/2013 7:09:01 AM PST by illiac
(CNSNews.com) - The federal debt has increased $2.5 trillion over the past two years, during a time when federal spending has been governed by a series of deals cut between Republican House Speaker John Boehner and Democratic President Barack Obama.
Boehner became speaker on Jan. 5, 2011, when the 112th Congress began its first session. At that time, the federal government was operating under a continuing resolution (CR) passed on Dec. 21, 2010 by the previous Congress.
On March 1, 2011, Boehner and Obama made their first spending deal to provide funding for the government after the then-current CR expired on the March 4, 2011. Since then, consistent with Congress's constitutional authority over spending, all federal spending has been conducted under legislation approved by the Republican-controlled House and agreed to by the Democrat-controlled Senate and President Obama.
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so how much time does this country have until collapse? Obviously this can’t go on forever.
$22,000 per household = $45,000 per household that pays taxes.
Thanks, John! We appreciate your leadership - NOT!
Ryan is having a meeting with Phaeroh next week I believe. Wanna bet he caves too. If that does not work well for the boy king, then the next meeting will be at Ft Marcy Park.
It looks like the ‘deals’ are over, now Bohner just passes anything Reid sends him that he gets through the Senate.
Correction, Bohner did pass this new CR before the Senate I think.
How did Moscow survive the Sequester?
Pray for America
BIG GOVERNMENT IS CRONY SOCIALISM
Socialism Is Legal Plunder - Frederic Bastiat 1801-1850
DEFUND socialist collectives. DEPOPULATE socialists from the body politic.
live - free - republic
(freedom unchained from totalitarians)