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During this week’s GOP presidential debate, Michele Bachmann twice said the federal government is spending about “40 percent more” than what it takes in. If only we were in such good shape. The federal government has actually been spending about 75 percent more than what it takes in. For every $4 the government brought in during fiscal year 2011, it spent that plus another $3, for a total of $7 plus change — according to President Barack Obama’s own budgetary tables for fiscal year 2011.
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→ Follow Nate Beeler on Twitter
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→ Follow Nate Beeler on Twitter
→ Nate Beeler's Editorial Cartoons on Facebook
→ Get Nate Beeler's cartoons
Read More
→ Follow Nate Beeler on Twitter
→ Nate Beeler's Editorial Cartoons on Facebook
→ Get Nate Beeler's cartoons sent to your e-mail address
Read More
→ Follow Nate Beeler on Twitter
→ Nate Beeler's Editorial Cartoons on Facebook
→ Get Nate Beeler's cartoons sent to your e-mail address
Read More
→ Follow Nate Beeler on Twitter
→ Nate Beeler's Editorial Cartoons on Facebook
→ Get Nate Beeler's cartoons sent to your e-mail address
Read More
Which part of “No more deficit spending” don’t the professional politicians in Washington understand?
Within minutes of signing the bipartisan debt-ceiling deal worked out by congressional leaders, President Barack Obama stood in the White House Rose Garden demanding new “key investments” — which means spending more money the federal government doesn’t have and will have to borrow from China or somebody else.
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URL: http://www.sfexaminer.com/taxonomy/term/2294