It’s Official: Obama’s Spending Today Dwarfs FDR’s Depression-Era Spending
- Terence P. Jeffrey - CNSNews.com
- Feb 2, 2010
(CNSNews.com) - In his budget message to Congress released Monday, President Barack Obama repeatedly compared the economic situation he “inherited” to the Great Depression of the 1930s when Franklin Roosevelt was president. But the new budget data released by his own Office of Management and Budget reveals that in one way Obama is making the current era distinctly different from the Great Depression: He is spending vastly more money than Roosevelt did.
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