Obama administration fiscal policy

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:

Articles:

* Peter G. Peterson Foundation \- collection of non-partisan articles and videos on America's growing debt problem
* Bam's Wise Words \- New York Post, May 17, 2009
* Bush Deficit vs. Obama Deficit in Pictures \- Heritage Foundation, March 24, 2009

Videos:

* Over 200 top economist against the Obama plan
* Obamanomics 101 - Obama's Real Fiscal Policy
* Stop Spending Our Future

## See also[edit]

* Obama administration monetary policy
* Obama administration deficit spending
* Obama administration corporate bailouts
* Obamunism
* Obamanomics
* Recovery Summer 2010

## Footnotes[edit]

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

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