57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT

Senate Dems Oppose Republican Bill To Extend Unemployment Insurance Without Adding To the Debt

DEMOCRATS PUBLICLY SAY THAT CONGRESS NEEDS TO “PAY FOR WHAT IT SPENDS” 

Are you kidding me??  Way to show restraint moonbats!

“National Debt Has Increased Over $2 Trillion Since President Obama Took Office” – Last Month Was The “Largest Monthly Deficit In History” 

“The Latest Posting From The Treasury Department Shows The National Debt Has Increased Over $2 Trillion Since President Obama Took Office. The debt now stands at $12.6 trillion. On the day Mr. Obama took office it was $10.6 trillion.” (“National Debt Up $2 Trillion On Obama’s Watch,” CBS News, 3/16/10)

“The Government Ran Up The Largest Monthly Deficit In History In February, Keeping The Flood Of Red Ink On Track To Top Last Year’s Record For The Full Year. The Treasury Department Said Wednesday That The February Deficit Totaled $220.9 Billion, 14 percent higher than the previous record set in February of last year.” (“Budget Deficit Sets Record In February,” AP, 3/10/10) 

By 2020, Interest Payments On The Debt Will Approach $1 Trillion A Year 

CBO: “Net Interest Would More Than Quadruple Between 2010 And 2020 In Nominal Dollars … It Would Expand From 1.4 Percent Of GDP In 2010 To 4.1 Percent In 2020.” “Under the President’s budget, debt held by the public would grow from $7.5 trillion (53 percent of GDP) at the end of 2009 to $20.3 trillion (90 percent of GDP) at the end of 2020. As a result, net interest would more than quadruple between 2010 and 2020 in nominal dollars (without an adjustment for inflation); it would expand from 1.4 percent of GDP in 2010 to 4.1 percent in 2020.” (Douglas Elmendorf, CBO Director, Letter To Sen. Inouye, P.2, 3/5/10)

CBO: The Cost Of Yearly Interest Payments To Increase From $209 Billion In 2009 To $916 Billion In 2020.

•    CBO: “Outlays: Net Interest … 2009… 209 [Billion Dollars].” (Douglas Elmendorf, CBO Director, Letter To Sen. Inouye, P.13, 3/5/10)

•    CBO: “Outlays: Net Interest … 2020… 916 [Billion Dollars].” (Douglas Elmendorf, CBO Director, Letter To Sen. Inouye, P.13, 3/5/10)

CBO: “The Additional Borrowing Related To The President’s Revenue And Spending Proposals Would Generate About $800 Billion More In Interest Costs Over The 2011–2020 Period.” (Douglas Elmendorf, CBO Director, Letter To Sen. Inouye, P.6, 3/5/10)
 

 

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4 Responses to “57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT”

  1. Tea Party Movement Snickering at Left Stream Media Acts of Desperation « VotingFemale Says:

    […] and political attempt to thwart the actions of Congress and the law of the country.” and 57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT and 55 Dems Must Have Forgot About This Exchange and 57 Dems Vote Against Keeping Premiums […]

  2. Obama pushing up Gasoline Price; Eco-Justice, ya know « VotingFemale Says:

    […] and political attempt to thwart the actions of Congress and the law of the country.” and 57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT and 55 Dems Must Have Forgot About This Exchange and 57 Dems Vote Against Keeping Premiums […]

  3. Sarah Palin at anti-Reid Tea Party Rally, Searchlight NV today; links provided here for live video streaming « VotingFemale Says:

    […] and political attempt to thwart the actions of Congress and the law of the country.” and 57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT and 55 Dems Must Have Forgot About This Exchange and 57 Dems Vote Against Keeping Premiums […]

  4. Passing of HC Destruction, 20 Million jobs lost; Unemployment Skyrockets to 30% « Obama says… Says:

    […] and political attempt to thwart the actions of Congress and the law of the country.” and 57 DEMOCRATS VOTE AGAINST AN UNEMPLOYMENT EXTENSION THAT DOESN’T ADD TO THE DEBT and 55 Dems Must Have Forgot About This Exchange and 57 Dems Vote Against Keeping Premiums […]

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