For those who don't understand what this means....
This means the GWB has only exceeded the budget that he wrote last year by $250,000,000,000($250 Billion). The budget that he wrote last year allowed
for him to spend $1 TRILLION. This means that he actually spent $1.25 Trillion. This article is boasting that the expenditures this year are going
to be about $1.25 Trillion rather than last month's estimated $1.26 Trillion. Republicans are actually throwing a party over this.
Now to get on to the real issue, let's look at the national debt. Clinton may have been a lot of things, but he was good with the budget (Writing a
budget is half of the job of the President...the other half is as Commander-in-Chief). Clinton in his 8 years in office managed to reduce government
spending and nearly balanced the budget. The proof of this can be found at....
This is the government website where you can track our debt, that is our national debt. If you click the link that shows from 1950-2005, then you can
see how each president and congress has been responsible in spending. The years when the debt went up most is when we had a President in office that
did not know how to control spending. Years when the debt went up least demonstrates a president that was fiscally responsible.
Carter was responsible for the budgets from December 1977 to Sept 1981. He increased our debt from $719 Billion to $1.029 Trillion, a TOTAL of $320
Billion in 4 years.
Reagan -- Dec 1981 to Sept 1989 Increased debt a TOTAL of $1.828 Trillion in 8 years.
Bush Sr -- Sept 1989 to Sept 1993 Increased debt a TOTAL of $1.554 Trillion in 4 years.
Clinton -- Sept 1993 to Sept 2001. Increased debt a TOTAL of $1.396 Trillion in 8 years.
Bush Jr -- Sept 2001 until present. Increased debt a TOTAL of $2.700 Trillion in 5 years.
As of Oct 5th our national debt is at $8,545,048,487,560.99 ($8.545 Trillion).
These are numbers that we, the American People, must pay back someway or another. This currently amounts to about $70,000 for each and every
taxpaying American in this country. This is $70,000 on your Uncle Sam MasterCard that accrues interest and must be paid back someday. There is no
bankruptcy to be filed on this. To file bankruptcy is to basically say that every dollar in your pocket or bank account is only worth the paper it is
This administration has increased our national debt by nearly 50% in it's first 5 years and is on track to nearly double it by the time it is
through. That is your and my debt that they are increasing and profiting from.
What is more....the Republican controlled House and Senate have approved every penny that this Administration has budgeted. They have not vetoed a
single spending bill presented by Bush in 5 years.
It's your money. You decide when you've had enough charges on your Uncle Sam MasterCard.
It's my money too, but that is why I'm making this post. I'm voting to make a change. How about you?