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Obama's Budget By The Numbers

- February 2, 2015

Obama's "Middle Class Economics" Is Just The Same Old Tax-And-Spend Liberalism

$50.3 Trillion:

Total Spending From FY2016 To FY2025 In Obama's Proposed Budget. (OMB, 2/2/15)

$26.3 Trillion:

Projected Federal Debt In 2025 Due To Spending In Obama's Proposed Budget. (OMB, 2/2/15)

$20.1 Trillion:

Projected Federal Debt The Year After Obama's Second Term Ends. (OMB, 2/2/15)

$15.5 Trillion:

Total Spending In Obama's Second Term Under His Proposed Budget. (OMB, 2/2/15)

$5.7 Trillion:

Cumulative Deficits From FY2016 To FY2025 In Obama's Proposed Budget. (OMB, 2/2/15)

$5.6 Trillion:

The Amount Needed To Service The Debt Over The Next Ten Years In Obama's Proposed Budget. (OMB, 2/2/15)

$4 Trillion:

Total Federal Spending Proposed In The First Year Of Obama's Proposed Budget. ((OMB, 2/2/15)

$3.5 Trillion:

Total Federal Revenue Proposed In The First Year Of Obama's Proposed Budget. (OMB, 2/2/15)

$2 Trillion:

Total Deficits For Obama's Second Term Under His Proposed Budget. (OMB, 2/2/15)

$1.1 Trillion:

The Cost To Service The Federal Debt In Obama's Second Term Under His Proposed Budget. (OMB, 2/2/15)

$1.1 Trillion:

The Cost Of Social Security In FY2018 Under Obama's Proposed Budget. (OMB, 2/2/15)

$958 Billion:

Increased Taxes Over Ten Years In Obama's Proposed Budget. (The New York Times, 2/2/15)

$687 Billion:

The Deficit Under Obama's Proposed Budget In 2025. (OMB, 2/2/15)

$500 Billion:

How Much Smaller Obama Expects The Economy To Be In 2020 In His Proposed Budget Compared To A Year Ago. (Reuters, 2/2/15)

$474 Billion:

The Deficit In Obama's Proposed Budget, $7 Billion More Than The CBO Projects For 2016. (OMB, 2/2/15; CBO, 1/26/15)

$399 Billion:

Proposed Cuts To Health Programs Over Ten Years In Obama's Proposed Budget. ( The New York Times , 2/2/15)

$240 Billion:

The Increase In Spending From This Year To FY2016 In Obama's Proposed Budget. (OMB, 2/2/15)

$74 Billion:

The Amount Of Spending Over The Sequestration Spending Limits In Obama's Proposed Budget. (Politico, 2/2/15)

$20.9 Billion:

ObamaCare's Independent Payment Advisory Board's Cuts To Medicare In Obama's Proposed Budget. (OMB, 2/2/15)

7 Million:

The Number Of Families That Would Be Forced To Pay Obama's Tax On 529 Education Accounts In His Proposed Budget. ( The New York Times , 1/22/15)

2025:

The Year Income Taxes Will Equal 10 Percent Of The Country's GDP Under Obama's Proposed Budget. (OMB, 2/2/15)

2019:

The Year Income Taxes Will Equal $2 Trillion Under Obama's Proposed Budget. (OMB, 2/2/15)

2017:

The Year The Debt Will Exceed $20 Trillion Due To Obama's Proposed Spending. (OMB, 2/2/15)

74.6%:

Debt Held By The Public As A Percentage Of The Economy At The End Of His Second Term According To His Proposed Budget. (OMB, 2/2/15)

$7:

The Increased Taxes Per Year Proposed By Obama During His State Of The Union That Middle Class Households Will Pay On Average. (Tax Policy Center, 1/28/15)

7%:

The Amount Obama's Proposed Budget Will Increase Discretionary Spending For FY2016. ( The Wall Street Journal , 1/29/15)

5:

Number Of Budgets Obama Has Delivered Past The Legal Deadline. ( RealClearPolitics , 2/2/15)

2.3%:

How Much Obama's Proposed Budget Expects The Economy To Grow Starting In 2020, A Percentage Point Lower Than The Average After World War II. (OMB, 2/2/15;Reuters, 2/2/15)

0:

Attempts To Balance The Budget. (OMB, 2/2/15)


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