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thunder
 
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Default The Edmund Fitzgearld & the National debt

On Wed, 05 Oct 2005 18:41:04 +0000, NOYB wrote:


"thunder" wrote in message
...
On Wed, 05 Oct 2005 16:00:48 +0000, NOYB wrote:


There are extenuating circumstances right now. Namely, a war in Iraq.


Oh please, the War in Iraq accounts for $200 billion.


The war in Iraq accounts for $200 billion...which is almost half of the
yearly deficit. The increased spending on Homeland Security accounts for
a big chunk of the remaining deficit.


Boy, you sure do play fast and loose with facts. That is $200 billion
over the course of the war, not per year. We were talking a $2.5
*trillion* debt, that this Republican has saddled us with. According to
the Whitehouse site, Homeland Security costs roughly $100 billion per
year. I'll throw in pre 9/11, so that makes 5 years @ $100 per = $500
billion. Add the $200 billion for the war, and we are at $700 billion.
Leaving $1.8 *trillion* in debt. The biggest extenuating circumstance is
Republicans are no longer fiscally conservative.

http://www.whitehouse.gov/homeland/book/sect5.pdf