09-21-2010, 08:27 PM
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#71 (permalink)
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Junkie
Location: San Antonio, TX
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Quote:
Originally Posted by dogzilla
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Bullshit.
2009 vs. 2009 - Wikipedia
Quote:
The Obama Administration also made four significant accounting changes, to more accurately report the total spending by the Federal government. The four changes were: 1) account for the Wars in Iraq and Afghanistan (”overseas military contingencies”) in the budget rather than through the use of “emergency” supplemental spending bills; 2) assume the Alternative Minimum Tax will be indexed for inflation; 3) account for the full costs of Medicare reimbursements; and 4) anticipate the inevitable expenditures for natural disaster relief. These changes would make the debt over ten years look $2.7 trillion larger, but that debt was always there. It was just hidden.
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