Obama administration fiscal policy

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The Obama administration fiscal policy was a ruinous fiscal policy involving government spending at unprecedented levels. The Obama administration fiscal policy buried Americans under a mountain of debt.

Under the Obama administration, the budget deficit reached an all-time high of $1.416 trillion (10.0% of GDP) in fiscal year 2009. Spending fell and revenues rose in fiscal year 2010, resulting in a lower budget deficit of $1.294 trillion (8.9% of GDP).[1]

Below are some articles and videos on the Obama administration's reckless fiscal policy:



See also


  1. Benen, Steve. "Deficit Shrinks From Last Year's Record." October 15, 2010. Washington Monthly. http://www.washingtonmonthly.com/archives/individual/2010_10/026151.php