IN 2022, THE ANNUAL DEFICITS WILL BE MORE THAN THE SPENDING…OVER $3 TRILLION/YEAR
Hey…you voted him in again!
Spending will increase 55 percent over the next decade, if President Barack Obama’s budget plan goes into effect. The finding comes from the Republican-side of the Senate Budget Committee, which notes that Obama’s “Proposal Would Spend $880 Billion Over Already Projected Increases.”
Here’s a chart, detailing how Obama’s plan would bring spending from $3.62 trillion in 2013 to $5.63 trillion in 2022:
SOURCE: http://www.weeklystandard.com