General Discussion
In reply to the discussion: Did you Know? [View all]hughee99
(16,113 posts)but now you're saying that TARP belongs to *'s final budget. If it does, then it's more than half of his $1.4 trillion, and without it, his final budget deficit would have been about $650 billion, which is as low as anything the President has produced.
Given that the repukes in congress (certainly in the house) fought it, and that it passed because of Dem support, it's hard to put this all on *, as much as we might want to.
The * budget deficit skyrocketed in the last year (roughly tripled in the last year) and this is largely due to this one time expense that Dems (including president Obama) supported and repukes were on the fence for (I think they were roughly 55% against on the final vote). It's a little deceiving to be tooting President Obama's horn for deficit reduction when you're comparing his budgets only to *'s final budget with a huge 1 time expense that bloats it to extreme proportions.
President Obama has done many great things, and a relatively silly (IMO) argument like this makes it look like we can't find better arguments in support of the President.