Democratic party


The Democrats’ Budget Blame Game

I have a new column up at National Review Online rebutting the Democratic Party’s recent efforts to cast themselves as the party of fiscal restraint:

The numbers speak for themselves. At the end of 2008, the federal government’s cumulative debt stood at $5.8 trillion. In 2009, the federal government ran its first-ever trillion-dollar deficit. And then did it again in 2010 and 2011. Over those three years, the government borrowed an additional $4.2 trillion. This year will be no better. The Congressional Budget Office expects another trillion-dollar deficit. During Obama’s four-year term, the federal government will have added nearly $5.5 trillion to the government’s cumulative debt total — nearly as much as was accumulated from 1789 to 2008!

You can read the rest of the article here.

posted by James C. Capretta | 2:08 pm
Tags: deficit, President Obama, Democratic party
File As: Health Care