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Castor Muscular
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christundivided said:The report has long been repudiated.
Yes. It was a really stupid claim. Obama took what was supposed to be a one-time emergency rescue payment, duplicated it with yet another bailout, and then made it part of the baseline of his budget. So he kept spending $1 trillion more than normal year after year. By comparing it to what was supposed to be a one-time fix, he made it look like he did not increase spending. In reality, he increased the baseline budget by roughly $1 trillion, which is by far the biggest spending increase, ever.
Nobody believed the report, anyway. You can't be a small spender and still rack up a record $6 trillion in debt over 4 years.