Barack Obama: “We Don’t Have a Spending Problem”

In fiscal year 2000 the federal government spent $1.77 trillion. In 2010 it more than doubled to $3.46 trillion. Nearly every facet of government has grown out of control in recent years. Discretionary spending has shot up an inflation-adjusted 56 percent since 2001. Medicare has increased 76 percent. And the ominous “other” category has gone…
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