Quote:
Originally Posted by Riot
You diss the independent CBPP, yet you post from Heritage? 
It's good to know that Obama could borrow a trillion dollars over the next five years, have repayment start in six years, have repayment last 10 years with interest, and you will entirely blame whomever is elected in 2016 for that debt  |
Here we go no CBPP or Heritage just straight numbers, no projections. You'll notice Obama while spending $2.67 trillion more over a 3 year period managed to pay $70.6 billion less on interest.
Bush
Total Spent Interest
2006 $2.655 Tril $226.0 billion
2007 $2.728 Tril $237.1 billion
2008 $2.982 Tril $252.0 billion
Totals $8.365 Tril $715.1 billion
Obama
Total Spent Interest
2010 $3.456 Tril $196.2 Billion
2011 $3.818 Tril $206.7 Billion
2012 $3.728 Tril $241.6 Billion
Totals $11.002 Tril $644.50 Billion
http://www.usgovernmentspending.com/...ate=US#usgs302