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Tonight’s State Of The Union: Let’s Be Honest

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@stevenfoley

A former U.S.Marine, he is the Creator of The Minority Report Network. He is also the Founder and Managing Editor of the Network’s flagship site, www.theminorityreportblog.com, Former Director of New Media for Liberty.com, Former Director of New Media for Liberty First PAC, and the Former Chief Managing Editor of 73Wire.com. Steve is a well respected national conservative blogger who’s dedicated the past several years of his life advancing conservatism online. Recently Steve was instrumental in the development of Liberty.com, Liberty First PAC, The Patriot Caucus, the national campaign trail and grassroots news site73wire.com.

 

Let’s Be Honest

Tonight President Obama Will Say That None Of His Proposals ‘Should Increase Our Deficit,’ But If History Is Any Guide…

 

SOTU EXCERPT: President Obama: “Nothing I’m proposing tonight should increase our deficit by a single dime.” (State Of The Union Speech Excerpts, President Obama, 2/12/13)

 

Remember When He Pledged To Cut The Deficit In Half?

 

PRESIDENT OBAMA: “And that’s why today I’m pledging to cut the deficit we inherited in half by the end of my first term in office.” (President Barack Obama, Remarks At The Fiscal Responsibility Summit, Washington, D.C., 2/23/09)

 

REALITY: ‘A Deficit Of More Than $1 Trillion For Every Year Of Obama’s First Term’

 

“…the United States recorded a deficit of more than $1 trillion for every year of Obama’s first term…” (“CBO Projects $1.08 Trillion Deficit, 8.9 Percent Jobless Rate In 2012” The Hill, 1/31/12)

 

·         “The deficit was $1.4 trillion in 2009, $1.3 trillion in 2010 and $1.3 trillion in 2011.”(“CBO Projects $1.08 Trillion Deficit, 8.9 Percent Jobless Rate In 2012” The Hill, 1/31/12)

 

·         CBO: “The federal budget deficit was about $1.1 trillion in fiscal year 2012, CBO estimates…” (“Monthly Budget Review,” Congressional Budget Office, 10/5/12)

 

‘The Most Rapid Increase In The Debt Under Any U.S. President’

 

$5.87 trillion added to the debt since January ’09. (“The Debt To The Penny And Who Holds It,” U.S. Treasury Department, Accessed 2/11/13)

 

·         $16.49 Trillion – The national debt as of January 3, 2013. (“The Debt To The Penny And Who Holds It,” U.S. Treasury Department, Accessed 2/11/13)

 

CBS: “The most rapid increase in the debt under any U.S. President.” (“National Debt Has Increased $4 Trillion Under Obama,” CBS News, 8/22/11)

 

‘United States Cannot Sustain The Federal Spending Programs That Are Now In Place’

 

CBO: “With the population aging and health care costs per person likely to keep growing faster than the economy, the United States cannot sustain the federal spending programs that are now in place…” (“Choices For Deficit Reduction,” Congressional Budget Office, P.6, 11/12)

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