"It was under Mr Bush that the deficit spiraled out of control as we fought an unnecessary and endless $3,000bn war in Iraq..." James Carville.
Estimated Appropriations Provided for U.S. Operations in Iraq and Afghanistan And for Other War-Related Activities, 2001 to 2010 (Billions of dollars of budget authority)
Hoven's Index for February 10, 2010
Federal deficits as percent of GDP under President Bush:
2001: -1.3% (surplus)
2002: 1.5%
2003: 3.5%
2004: 3.6%
2005: 2.6%
2006: 1.9%
2007: 1.2%
2008: 3.2%
Under President Obama:
2009: 9.9%
2010: 9.2% (CBO prediction)
2011: 6.5% (CBO prediction)
2012: 4.1% (CBO prediction)
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