The Republicans claim the largest spending cut in US history this weekend, by cutting $38.4 billion from the $3.7 trillion budget. This represents a one percent cut, and leaves us with a trillion dollar plus deficit. That is what we are left with- a one percent cut.
Putting this in perspective, it took George W Bush two and a half years to borrow a trillion dollars. It took Clinton three and a half years, George HW Bush three years, and Reagan did it in six. No other President has borrowed that much money. In fact, it took 204 years for the government to borrow its first trillion.
Explain to me how Republicans are different from the Democrats, again.
2 Comments
Mark · April 10, 2011 at 3:59 am
Republicans want to defund Title X health centers, Democrats don't.
Divemedic · April 10, 2011 at 11:18 am
That is not a difference. Both parties are of the philosophy that they should take other people's money to fund their pet projects.
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