Wednesday, April 29, 2009
ToDaZed 'W∅n Kicks Redneck' Story
“games," indeed
...Obama seemed to be repressing a smile…
“Those of you who are watching certain news channels on which I’m not very popular, and you see folks waving tea bags around ... let me just remind them that I am happy to have a serious conversation about how we are going to cut our health care costs down over the long term, how we are going to stabilize Social Security.”
“But, ... let’s not play games and pretend that the reason [for the deficit] is because of the Recovery Act."
Deficit spending is NOT he reason for the ...uh, deficit.
CBO estimates that enacting [the Economic
Recovery Act of 2008] would provide $89.3 billion in budget authority and result in outlays totaling $50.4 billion in 2009 and $88.4 billion over the 2009-2018 period— ... a loss of revenues totaling $10.9 billion
... CBO estimates that enacting [the American Recovery and Reinvestment Act of 2009] would increase federal budget deficits by $185 billion over the remaining months of fiscal year 2009, by $399 billion in 2010, by $134 billion in 2011, and by $787 billion over the 2009-2019 period
Net Impact on the Deficit
2009 - $184,900,000,000
2010 - $399,000,000,000
Well, ‘ktksbai for clearing that up, ∅h Sn∅∅ty One.
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{/if}
