In what can 'really' be considered an unprecedented presidential first, President Barack "Mo' Money" Obama set the unprecedented unprecedent of dwarfing the spending amounts of all other first year presidents. !
Keeping a campaign promise of doing better than George Bush, and knowing that bar was set so low a midget would trip over it, President O-break-the-bank not only out did Bush in spending dring his first year -- he outspent him 2-1!
From Fox News --
That's a big increase. But compared with other presidents' first years in office, Obama is running circles around them. More....In fiscal 2009 the federal government spent $3.52 trillion -- $2.8 trillion in 2000 dollars, which sets a benchmark for comparison. That fiscal year covered the last three-and-a-half months of George W. Bush's term and the first eight-and-a-half months of Obama's.
That price tag came with a $1.4 trillion deficit, nearly $1 trillion more than last year. The overall budget was about a half-trillion more than Bush's for 2008, his final full fiscal year in office.
Another unprecedented presidential first for the anals of history!
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