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Originally Posted by gales0678
Budget Defecit -now 1 trillion dollars
Say hello to tax increases everyone
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The national debt went from about $5.8 Trillion to $10+ trillion in the Bush years (GW - I won't even go into the Reagan/Bush(GHW) years)).. and that's when the economy was in relatively good shape. Obama was handed a ****-storm by the outgoing White House admin.
What's the reason for the massive spending deficit under G-W?