Originally Posted by jimmac
Originally Posted by trumptman
Isn't it amazing how the entire stimulus that Obama claims saved the economy and is one of his grand achievements is counted towards FY2009?
Do you really need to keep growing spending annually when you give it a trillion dollar increase in year one?
From BR's article :
So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative?
It might have something to do with the first year of the Obama presidency where the federal budget increased a whopping 17.9% —going from $2.98 trillion to $3.52 trillion. I’ll bet you think that this is the result of the Obama sponsored stimulus plan that is so frequently vilified by the conservatives…but you would be wrong.
The first year of any incoming president term is saddled—for better or for worse—with the budget set by the president whom immediately precedes the new occupant of the White House. Indeed, not only was the 2009 budget the property of George W. Bush—and passed by the 2008 Congress—it was in effect four months before Barack Obama took the oath of office.
Yes and anyone who isn't an unbiased moron can understand that the Democratic Congress and President Barack Obama inserted the stimulus.
Nutting operates under the flawed assumption that President Obama is not responsible for FY 2009 spending. Under normal circumstances Nutting would be correct. If Congress were a functioning body that passed appropriations bills on time, then this analysis would be correct. The fact of the matter is that in recent history Congress has not done appropriations bills on time and in FY 2009, President Obama signed these spending bills into law that President Bush would have under different circumstances.
President Bush signed only three of the twelve appropriations bills for FY 2009: Defense; Military Construction/Veterans Affairs; and, Homeland Security. President Bush also signed a continuing resolution that kept the government running until March 6, 2009 that level of funding the remaining nine appropriations bills at FY 2008 levels. President Bush and his spending should only be judged on these three appropriations bills and FY 2008 levels of funding for the remaining nine appropriations bills. Bush never consented to the dramatic increase in spending for FY 2009 and he should not be blamed for that spending spree.
The Democrats purposely held off on the appropriations process because they hoped they could come into 2009 with a new Democrat-friendly Congress and a President who would sign bloated spending bills. Remember, President Obama was in the Senate when these bills were crafted and he was part of this process to craft bloated spending bills. CQ reported that “in delaying the nine remaining bills until 2009, Democrats gambled that they would come out of the November 2008 elections with bigger majorities in both chambers and a Democrat in the White House who would support more funding for domestic programs.” And they did.
If you trust CQ’s reporting, and I do, then this is damning. Democrats in Congress purposely held off on pushing bloated appropriations bills because they knew President Bush would not sign the bill and Republicans in the Senate would block consideration of it. You have to remember that the Senate went from 51-49 Democrat control under President Bush’s last year to 59-41 in the early days of President Obama. On April 28, 2009, Senator Arlen Specter switched parties from Republican to Democrat to give the Democrats a 60 vote filibuster proof majority in the Senate. The House had a similar conversion from a 233-202 Democrat majority to 257-178 Democrat majority. Democrats were banking on a big enough majorities in the Senate and House that they could pass the bloated spending bill and they got it.
Bush issued a veto threat on the bloated spending bills pending in Congress in late 2008. CQ estimated that the final spending bill “provided about $31 billion more in discretionary funding than was included in the fiscal 2008 versions of the nine bills” which is “about $19 billion more than Bush sought.” I would argue that Obama gets credit for the whole $31 billion in new spending. The most damning fact from the CQ piece is that “Bush had threatened to veto spending bills that exceeded his request.”
Overall spending, mandatory and discretionary spending went from $2.98 trillion in FY 2008 to $3.52 trillion in FY 2009. There were two of the big spikes in spending from FY’08 to ’09. One was in Federal Payments for Individuals not including Social Security and Medicare from $758 billion in FY’08 to 918 billion in FY’09. President Obama’s Stimulus spending bill included an increase in food stamps and an extension of unemployment benefits that should not be attributable to President Bush. Also, the category of “Other Federal” spending spiked from $261 billion to $540 billion. This includes TARP spending that was recovered on the back end by President Obama further distorting the Nutting analysis.
So how can Nutting attribute spending to President Bush that he expressly vowed to veto? Also, some of the mandatory spending has been wrongly attributed to President Bush in Nutting’s analysis. Finally, TARP spending under Bush and the recovery of TARP money under Obama further distorts these numbers.
We can also look here...
Don't let these facts get in the way of a campaign by our hopeful president Barack Obama who is changing the tone of Washington to nothing but smears and lies.