Graph links: [ Ссылка ] & [ Ссылка ]
Link to source (Congressional Budget Office): [ Ссылка ] or
[ Ссылка ]
or [ Ссылка ]
Link to this YouTube page: [ Ссылка ]
The CBO is like the congressional referee that doesn't take sides; left or right.
Just like a weather forecaster helps us plan ahead,
the CBO projects budget numbers at the beginning of every CALENDAR year, based on current law, to help lawmakers plan ahead.
The FISCAL year runs from October 1st through September 30 of the fiscal year.
Example:
FY 2009 is
10/01/2008 - 9/30/2009
Reagan was handed a National Debt of 1 Trillion Dollars and in January 1989, he handed Bush Sr. a 2.9 Trillion End-of-FY 1989 CBO Projected Gross Federal Debt.
Bush Sr. handed Clinton a 4.4 Trillion End-of-FY 1993 CBO Projected Gross Federal Debt.
Clinton handed Bush Jr. a 5.6 Trillion End-of-FY 2001 CBO Projected Gross Federal Debt.
Bush Jr. handed Obama an 11.5 Trillion End-of-FY 2009 CBO Projected Gross Federal Debt.
Through Fiscal Year 2010, you get these results:
Obama's Debt Contributions -- 2 Trillion
Bush Jr's Debt Contributions -- 5.9 Trillion
Clinton's Debt Contributions -- 1.2 Trillion
Bush Sr's Debt Contributions -- 1.5 Trillion
Reagan's Debt Contributions -- 1.9 Trillion
At this pace, if Obama is re-elected, he will hand the next President a 20.9 Trillion End-of-FY 2017 CBO projected Gross Federal Debt;
contributing a TOTAL of 9.4 Trillion to our National Debt.
We have to work together to create/pass MEDIUM & LONG term plans to bring down our spending and national debt, without cutting much right now, so that our fragile economy can continue to recover and we can get back to FULL employment.
Ещё видео!