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Pelosi-Reid Congress Shatters Record For Government Spending

Tag:government against terrorism | 53 Viewers| gatewaypundit 2009-07-19 16:35:39 Publish:

More Hope and Change--

(New York Post)
The Pelosi-Reid Congress shattered spending records this year by a cool trillion.
The New York Post reported:

Data published by the White House show federal spending has inched upward annually since 1965.

But no other year comes close to matching 2009's $3.997 trillion gusher -- a spending binge that's helped put Congress on track for a record $1.8 trillion deficit.

By way of comparison, in fiscal year 2008, Congress tore through a total of $3 trillion with a then-record deficit of $458 billion, according to White House figures.

And the amount of government debt held by the public will have ballooned from $5.8 trillion to $8.5 trillion in less than a year.
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