In case you think government spending is out of control and the GOP RINOs and sellouts have given spendthrift Obama everything he wants, here’s some more data to chew on: over the last five years, we have spent $2.5 trillion less than Obama was projecting in 2009, including $697 billion less in 2015 alone. That’s the equivalent of having cancelled Medicaid. And, of course, those savings become baked into future projections, which means unfunded liabilities are down by trillions as well.
Is it perfect? No. It is a huge improvement? Absolutely. If the GOP had shown this kind of spending restraint while Bush was President, we would currently be running a $400-800 billion dollar surplus right now and the national debt would be about $8 trillion smaller. And that’s with the Obama stimulus included. Without, the numbers would be even further in the black.
Spending restraint. It works.