About That “Deficit We Inherited”….More Like Deficit You Created
From the Republican Study Committee:
Feb. 13, 2008 – The first “stimulus” bill, H.R. 5140, became law, putting checks in the mail.
Democrat Response: 215 House Democrats (93%) voted to add $124.4 billion to the deficit (CBO). Senator Obama did not show up to vote.
July 30, 2008 – H.R. 3221 became law, allowing the government to insure $300 billion in mortgage loans.
Democrat Response: 227 House Democrats (96%) voted to add $24.9 billion to the deficit (CBO). Senator Obama expressed support but did not show up to vote.
Oct. 3, 2008 – H.R. 1424 became law, authorizing $700 billion for TARP.
Democrat Response: 172 House Democrats (73%) and Senator Obama voted to bailout Wall Street with $700 billion (CBO).
Dec. 10, 2008 – The House passed H.R. 7321 to bail out automakers. When it did not pass the Senate, the Treasury provided a bailout with very similar terms.
Democrat Response: 205 House Democrats (87%) voted to spend $16.168 billion (CBO) with President-elect Obama’s full support.
Feb. 17, 2009 – The non-stimulus bill, H.R. 1, became law, spending $787 billion on long-time Democrat priorities and pseudo tax relief for non-taxpayers.
Democrat Response: 246 House Democrats (96%) voted to add $787 billion to the deficit (CBO) with President Obama’s full support.
Feb. 25, 2009 – H.R. 1105 passed the House of Representatives, spending $410 billion on a pork-laden omnibus bill that gave big increases to existing government programs.
Democrat Response: 229 House Democrats (91%) voted to spend $410 billion with President Obama’s full support.
Democrat Opposition? Not Quite. Just remember, that Dems have been in charge in Congress for two years before Barack Obama became the President. Just because he was campaigning the whole time doesn’t mean that he wasn’t part of the policies at the time.
Cross-posted at MelissaClouthier.com