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Adding to the deficit: Bush vs. Obama

$5.1 trillion: Cost of Bush's policies $983 billion: Cost of Obama's policies Cumulative total from 2001 to 2009, in billions of dollars From 2009 to 2017, in billions of dollars* Indicates a policy that reduces the Automatic $503 $271 Defense deficit on net. spending Bush tax cuts Iraq and Afghanistan cuts $1,812 $853 Indicates a policy that $123 Health care increases the $51 Non-defense deficit on net. discretionary American Reinvestment Other tax and Recovery Act $480 $874 Two-year extension $620 of the Bush Other Non-defense tax cuts defense discretionary $616 $608 $293 $224 $180 Prescription $324 $113 Other revenue drug bill Other mandatory spending *Totals include projections from 2011 to 2017. Other entitlement Troubled Assets Relief Program (TARP) changes and Housing and Economic Recovery Act (HERA)

Adding to the deficit: Bush vs. Obama

shared by Anonymous (not verified) on Feb 03
Since President Obama became chief executive, the national debt has risen almost $5 trillion. But how much of that was because of policies passed by Obama, and how much was caused by the financial cr...


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