President Obama's Empty Deficit Promises

President Obama's Broken Deficit Promises

In the 2008 campaign, President Obama repeatedly criticized Republicans for running sky high deficits, and letting total federal debt hit $10 trillion. Obama didn't just attack his GOP rival and the Bush administration for their poor budgeting. As Philip Klein of The Washington Examiner points out, he also made specific promises of his own, pledging "to cut the deficit we inherited in half by the end of my first term in office" at a "fiscal responsibility summit" (LOL!) shortly after taking office in 2009. Obama followed up that promise with assurances in 2010 and 2011 that his administration was on the path to meeting its deficit reduction goals. “When I took office, I pledged to cut the deficit in half by the end of my first term," he said in February 2011. "Our budget meets that pledge and puts us on a path to pay for what we spend by the middle of the decade.”

Comment: The debt clock keeps rolling away. We are laying debt upon our children and grandchildren! Image source