Comparing Federal Deficits: Bush Vs. Obama
Nov 21, 2010 at 11:46 AM
DailyBail in Federal Bankruptcy, bailout, bailouts, deficit chart, federal bankruptcy, federal debt, federal debt, federal deficit, federal deficit, obam vs. bush, treasury bonds

chart comparing federal deficit under bush vs obama

Source: CBO -- More detail inside.

In the first independent analysis, the non-partisan Congressional Budget Office concluded that President Obama's budget will rack up massive deficits even after the economy recovers, forcing the nation to borrow $9.3 trillion over the next decade.

Graphic courtesy of the Washington Post.

Two short comments: the numbers have already worsened since this graphic was produced in March, and the Obama administration is on the same prescription meds as AIG execs.  Take a look at 2013-2019.  Holy rosy scenario.

 

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