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The US hasn't had a sustainable budget since 2002.

The Obama years added ~$10 trillion in debt in eight years. How was that sustainable exactly?

For the last decade, the CBO has been forecasting blown out budget deficits starting about now, because of entitlement costs. There's no scenario where the budget deficit doesn't explode, unless you cut entitlements, dramatically raise taxes, or both.

Have a look:

https://www.cbo.gov/sites/default/files/cbofiles/images/pubs...



It looks like most of that was during the Great Recession. Does anyone have any details?

We spent $1 trillion in Iraq and another trillion in Afghanistan, but that should have shown up earlier?


It was the stimulus package no?


Our deficit was $1.4 trillion Obama’s last year in office.

https://www.thebalance.com/us-deficit-by-year-3306306

Both parties are spending our children’s future.


I'm assuming you meant first year in office, also the last Bush budget (as fiscal 2017 was the last Obama budget and the coming one will be the first Trump budget).

As for 2016, I am confused by the numbers on that table - the addition to the debt seems to have several hundred billion in unexplained increase that doesn't appear to be referenced anywhere that I saw.




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