Sep 28, 2012 ... President Obama is falsely claiming that his administration's policies are  responsible for “about 10 percent” of the deficits “over the last four years.” The  cumulative deficit during that time is nearly $5.2 trillion. Obama signed two bills  — the 2009 stimulus and the 2010 tax cut — that alone cost $1.6 trillion ...
Jan 1, 2015 ... Amid the revelry, did you notice that the U.S. combat mission in Afghanistan  ended New Year's Eve at midnight? Now that the ... The Congressional Research  Service, for example, just fired up its calculators and concluded that the wars in  Afghanistan and Iraq have cost U.S. taxpayers $1.6 trillion. That's a ...
The Emergency Economic Stabilization Act of 2008 commonly referred to as a  bailout of the U.S. financial system, is a law enacted subsequently to the  subprime mortgage crisis authorizing the United States Secretary of the Treasury  to spend up to $700 billion to purchase distressed assets, especially mortgage- backed ...
Presidents. * In February 2001, Republican President George W. Bush stated:  Many of you have talked about the need to pay down our national debt. I listened,  and I agree. We owe it to our children and grandchildren to act now, and I hope  you will join me to pay down $2 trillion in debt during the next 10 years. At the  end ...
The presidency of George W. Bush began on January 20, 2001 when George W.  Bush was inaugurated as President of the United States, and ended on January  20, 2009. A Republican, he took office following a razor–thin win in the 2000  presidential election over Democratic nominee Al Gore, the then–incumbent Vice  ...
We went from $160 billion deficit spending in (President George W.) Bush's last year to $1.6 trillion the following year.