President Barack Obama and Vice-president Joe BidenPresident Obama claimed Tuesday that since he has been president both political parties have worked together to reduce the federal deficit by $2.5 trillion, despite the fact that the national debt has increased $5.9 trillion during Obama's presidency, which is more than it increased from Presidents George Washington through Bill Clinton combined. Federal spending and incredible deficits have increased sharply during Obama's tenure as president. In fiscal year 2008, the year prior to him taking office, the federal government spent $2.9716 trillion. In fiscal year 2012, the federal government spent $3.538 trillion.
Anybody that believes that the president has cut the deficit $2.5 trillion during his four years in office is fooling themselves. I don't believe Obama's claims that he reduced the deficit. He's a professional liar just like all the other politicians in Washington, whether Democrat or Republican. The truth is the federal government can't spend enough. I believe it's part of the one world agenda to spend the United States into an oblivion.
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