Debt | Expose Obama

Video of the Day:Michelle Bachmann Says Obama Makes Us Less Safe

Rep. Michelle Bachmann,R-MN,speech at the Polish-American Cultural Center in Troy,Michigan on December 28,2010. This Tea Party leader calls out our commander-in-chief for derailing America’s national defense and spending us into perpetual debt. She also mentions how the liberals’smug attitude and disdain for our Founding Fathers led her to leave the [...]

Cartoon of the Day:Big Baby Debt

U.S.’s $13 Trillion Debt Poised to Overtake GDP

By Garfield Reynolds and Wes Goodman,Bloomberg

our debt is poised to surpass GDP in the near future

President Barack Obama is poised to increase the U.S. debt to a level that exceeds the value of the nation’s annual economic output,a step toward what Bill Gross called a “debt super [...]

Debt’s all,folks

By Robert Knight,OneNewsNow

What with the bailouts,the stimulus,and now the government healthcare takeover,we’re being told that we face $1 trillion annual deficits for the indefinite future,with a $12 trillion to $20 trillion debt by 2020. In February,Congress raised the federal debt limit to [...]

CBO report:Debt will rise to 90% of GDP

By David M. Dickson,Washignton Times

President Obama’s fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years,$1.2 trillion more than the administration projected,and raise the federal debt to 90 percent of the nation’s economic output by 2020,the Congressional Budget [...]

CBO Sees Obama Budget Bringing Debt to $20 Trillion By 2020

By Philip Klein,American Spectator

The Congressional Budget Office has released its assessment of President Obama’s budget,and the results aren’t pretty. According the analysis,deficits in the next decade will be worse than what the White House has projected,much higher than they would be if we were to [...]

Obama policies projected to add $9.7 trillion to U.S. debt by 2020

By Lori Montgomery,Washington Post

President Obama’s policies would add more than $9.7 trillion to the national debt over the next decade,congressional budget analysts said Friday,including more than $2 trillion that Obama proposes to devote to extending a variety of tax cuts enacted during the Bush administration.

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On anniversary,Obama defends economic stimulus

Reuters

Obama and his team are trying to convince the public… evidently the evidence contradicts them

Obama and Vice President Joe Biden launched a sweeping effort to convince skeptical Americans that the stimulus has been beneficial on the one-year anniversary of a plan that was pushed through the U.S. Congress by Democratic [...]

Deficit imperils nation’s top credit rating

By Patrice Hill,Washington Times

If we don’t control the debt,it will ruin us

The United States is drawing closer to the kind of debt crisis plaguing some European countries,where a financial emergency forces political leaders to make draconian spending cuts and tax increases to maintain the confidence [...]

Obama Sends Congress $3.8 Trillion Budget,Soaring Deficits Projected

FOXNews

Obama is proposing a massive federal budget

President Obama sent Congress a $3.8 trillion budget Monday for fiscal year 2011,pushing a plan that includes new jobs-creation programs but is projected to add nearly $1.3 trillion in deficit spending on top of the current year’s projected $1.6 trillion deficit.

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