The budget deficit dropped two-thirds during the Obama administration. Forbes: GOP Has Been Playing Us All For Suckers
From PolitFact: “We rate the claim Mostly True.” Barack Obama claims deficit has decreased by two-thirds since taking office
From Forbes: On The Deficit, GOP Has Been Playing Us All For Suckers
The GOP budget and tax plan overwhelmingly benefits the rich.
Just a few months after the tax bill was signed, the GOP-controlled Congress agreed to increase federal spending and the budget deficit by another $130 billion or so.
Think about this. The same congressional Republicans who over the previous eight years wanted everyone to believe they were fiscal conservatives hell-bent on balancing the budget and not increasing the national debt, sponsored, passed and then danced around the fire because of legislation that will result in a permanent $1 trillion deficit and a debt that will soar to close to 100 percent of GDP by 2028.