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Obama Presided Over a Tax Revenue Drought, Not a Spending Binge

enlarge Credit: Marketwatch This week, Rex Nutting of the MarketWatch caused a stir with his analysis correctly showing that federal spending has hardly budged under President Obama, rising at the slowest pace since the Dwight Eisenhower was in the White House. Predictably, James Pethokoukis of the conservative American Enterprise Institute cited the jump in Washington's spending as a percentage of the U.
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See more about: Rex Nutting

WSJ: Obama Spending Binge Didn't Happen

US Politics / Liberal : Drudge Retort Weblog (3 years ago)

Rex Nutting, Wall Street Journal MarketWatch: Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.... Almost everyone believes that Obama has presided over a mass... Read Post

The Phantom Spending Binge

US Politics / Liberal : The Mahablog (3 years ago)

Rex Nutting at WSJ Market Watch wrote that under President Obama, federal spending has increased at its slowest rate since, well, a long time. Although there was a big stimulus bill under Obama, federal spending is rising at the slo... Read Post

Under Obama federal spending rose at slowest pace since Ike

US Politics / Liberal : (3 years ago)

Fascinating analysis by Rex Nutting of MarketWatch. This is perhaps the most interesting part. Before Obama had even lifted a finger [on arriving in office], the CBO was already projecting that the federal deficit would rise to $1.2... Read Post

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