abuck76 wrote:Actually the deficit each year has been decreasing since Obama took office........... :12224
http://www.davemanuel.com/history-of-de ... states.php
Easy to do when your first year in office the deficit is $1.4 trillion!!!!!!!!!
2009 $1.413 Trillion Deficit
2010 $1.294 Trillion Deficit
2011 $1.299 Trillion Deficit
2012 $1.100 Trillion Deficit
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The real story is what happened prior to this. It skyrocketed when Obama took office and at $1.1 Trillion is still more than twice as much as W's largest deficit in 2008. Can't blame Bush for 2009-2012 deficits when W's were nowhere near Obama's amount.
To be fair, I will begin in 1993 (Clinton's first year in office.)
1993 $255.1 Billion Deficit
1994 $203.2 Billion Deficit
1995 $164 Billion Deficit
1996 $107.5 Billion Deficit
1997 $22 Billion Deficit
1998 $69.2 Billion Surplus
1999 $125.6 Billion Surplus
2000 $236.4 Billion Surplus
2001 $127.3 Billion Surplus
2002 $157.8 Billion Deficit
2003 $377.6 Billion Deficit
2004 $413 Billion Deficit
2005 $318 Billion Deficit
2006 $248 Billion Deficit
2007 $161 Billion Deficit
2008 $459 Billion Deficit