Libs, Mostly Democrats, Destroying America

'Hard choices' budget sees $1.75 trillion deficit
Feb 26 11:48 AM US/Eastern
By MARTIN CRUTSINGER
AP Economics Writer

In addition to sending Congress his $3.55 trillion budget plan for 2010, Obama proposed more immediate changes that would push spending to $3.94 trillion in the current year. That would result in a record deficit Obama projects will hit $1.75 trillion, reflecting the massive spending being undertaken to battle a severe recession and the worst financial crisis in seven decades.

As part of the effort to end the crisis, the administration proposes boosting the deficit by an additional $250 billion this year, enough to support as much as $750 billion in increased spending under the government's rescue program for banks and other financial institutions. That would more than double the $700 billion bank bailout passed by Congress last October.

Triple Threat Against Capitalism and Freedom!

Now, where does anyone turn for Freedom?

By the way, the deficit is going to be worse as a percent of GDP. GDP will be reduced also.

To all you Libs, you can't blame Bush, or anyone else, for this gigantic mistake. It's your fault. Just live with it, if you can. Remember, it's only the beginning of the end of Capitalism, Prosperity, Freedom, Health Care, and Personal Accountability if you Libs don't realize the ultimate cost, soon.