Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Obama Seeks 29 New Programs: ‘Nothing I’m Proposing Should Increase Deficit by Single Dime’

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Terence P. Jeffrey
CNS News
Feb 13, 2013

President Barack Obama said in his State of the Union Address on Tuesday night that nothing he was proposing in the speech would “increase our deficit by a single dime.” He then proposed at least 29 new government programs.

“Tonight, I’ll lay out additional proposals that are fully paid for and fully consistent with the budget framework both parties agreed to just 18 months ago,” said Obama. “Let me repeat: Nothing I’m proposing tonight should increase our deficit by a single dime.”

In fiscal year 2008, the year before Obama took office, federal spending was $2.98 trillion, according to the White House Office of Management and Budget. In fiscal 2013, the current year, OMB estimates federal spending will be $3.80 trillion–an increase of 27.5 percent.

Since Obama was first inaugurated on Jan. 20, 2009, the federal government’s debt has increase by $5.86 trillion.

This article was posted: Wednesday, February 13, 2013 at 6:18 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Al Sharpton: Mob Rat For The FBI See the rest on the Alex Jones YouTube channel.

Epic Fail: New Yorkers Disobey New Gun Laws See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.