White House Panic: Gruesome 2012 Economic Forecast Could Doom Obama - Guy Benson
If the CBO estimate is correct, it would mean that the United States recorded a deficit of more than $1 trillion for every year of Obama’s first term. The deficit was $1.4 trillion in 2009, $1.3 trillion in 2010 and $1.3 trillion in 2011.
The largest deficit recorded before that was $458 billion in 2008.
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