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Democrats were quick to point out that president bush's budget creates a 1 trillion dollar deficit. the white house quickly responded with 'hey, look over there, it's saddam hussein.'
-Craig Kilborn
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Democrats Were Quick To Point Out That

Craig Kilborn
Democrats were quick to point out that president bush's budget creates a 1 trillion dollar deficit. the white house quickly responded with 'hey, look over there, it's saddam hussein.'
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White House President

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When george bush came into office, we had surpluses. and now we have half-a-trillion-dollar deficit annually. when george bush came into office, our national debt was around $5 trillion. it's now over $10 trillion. we've almost doubled it.
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It is my view that what is important is cutting government spending, however spending is financed. a so-called deficit is a disguised and hidden form of taxation. the real burden on the public is what government spends (and mandates others to spend). as i have said repeatedly, i would rather have government spend one trillion dollars with a deficit of a half a trillion than have government spend two trillion dollars with no deficit.
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There is no question that iraq possesses biological and chemical weapons and that he [saddam hussein] seeks to acquire additional weapons of mass destruction, including nuclear weapons. that is not in debate. i also agree with president bush that saddam hussein is a threat to peace and must be disarmed, to quote president bush directly.
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The problem is that the way [president] bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion dollars for the first 42 presidents - number 43 added $4 trillion dollars by his lonesome - so that we now have over $9 trillion dollars of debt that we are going to have to pay back. [that's] $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic.
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This is the first time a newly inaugurated president has had any impact on a current budget." what that means is that normally when a president's inaugurated in january, the budget for the first calendar year of his term or the first nine months is already done. so from january 21st all the way 'til october when the new budget's done, the president has to deal with the previous congress' budget and has nothing to say about it. what they're saying is that donald trump has had a record-breaking, never-before-seen thing by having an impact on the budget in his first year.
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Mr. obama denounced the $2.3 trillion added to the national debt on mr. bush's watch as 'deficits as far as the eye can see.' but mr. obama's budget adds $9.3 trillion to the debt over the next 10 years. what happened to obama the deficit hawk?
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