This bill is the same to the Rule that George H.W. Bush (Papa Bush) signed into law to reduce government spending and our national debt. This is the same law that Bill Clinton used, with a Republican Congress, to give George W. Bush (Baby Bush) a 200 billion budget surplus.
But more importantly, this is the same bill that GW Bush totally trashed when he gave 2 tax cuts to the wealthiest Americans, waged 2 wars, and signed Medicare Part D into law without any way to pay for it.
Obama is now adopting and making law the same bill that republicans ABANDON from 2000 - 2006 when they controlled the house, senate, and presidency and spent us into this mess we now have.
Obama is making a fiscally RESPONSIBLE move by signing this "pay-as-you-go" bill into law.
Can this Prove, once and for all, that Obama is more fiscally responsible than GW Bush and the republicans of 2000-2006? After all, Obama is WILLING to only adopt programs that he can pay for, unlike GW Bush and the GOP.
Additionally, Don't people realize that Obama INHERITED this debt, that the vast majority of his budget deficit is left over from the actions that Bush made.
Doesn't matter to them. No matter what Obama does, opPOSERS will damn him. That is what they do.
And you should know better than to state facts here - they will bash you for blaming Bush. Nevermind that you speak the truth, and it is FACT. They will yell that you are blaming Bush, and that somehow that makes the point invalid. Don't know how it does yet, but I am working on a theory. . .
addition:
See the answer above me to prove my statement. . .
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Ah, the bliss of the Progressive mind! So free of any depressing financial realities!
If Obama didn't spend another dime, he would still have racked up in one year a deficit greater than not only Bush, but greater than that of every other President who ever served. Even adjusting for inflation. And he didn't inherit that from Bush, either, Obama did it all by his own little self. All you prove, once and for all, is that you disciples don't understand finances any more than your messiah.
Obama budgeted a defict of more than bush and clinton combined if you ignore the spending in his budget for the first 3 years of his presidency. Did bush do that?
Lip service works on gullible ppl like you and thats sad.
Ever physique claims to be fiscally in charge, although the size of the deficit or the entire funds does not make specific no keep in mind if or now no longer the spending is in charge. it extremely is how the money is spent that determines that. on an identical time as spending funds on Welfare would have been in charge in the start, it extremely is mismanagement led to greater issues then it solved and an excellent variety of folk see it an social gathering of Liberal financial irresponsibility.