(CNSNews.com) – As a candidate for president, Barack Obama decried the financial toll that the Iraq war was taking on the economy, but Obama’s proposed spending on welfare through 2010 will eclipse Bush’s war spending by more than $260 billion.
“Because of the Bush-McCain policies, our debt has ballooned,” then-Sen. Barack Obama told a Charleston, W.V., crowd in March 2008. “This is creating problems in our fragile economy. And that kind of debt also places an unfair burden on our children and grandchildren, who will have to repay it.”
During the entire administration of George W. Bush, the Iraq war cost a total of $622 billion, according to the Congressional Research Service.
President Obama’s welfare spending will reach $888 billion in a single fiscal year--2010--more than the Bush administration spent on war in Iraq from the first “shock and awe” attack in 2003 until Bush left office in January.
Obama’s spending proposals call for the largest increases in welfare benefits in U.S. history, according to a report by the Heritage Foundation, a conservative think tank. This will lead to a spending total of $10.3 trillion over the next decade on various welfare programs. These include cash payments, food, housing, Medicaid and various social services for low-income Americans and those at 200 percent of the poverty level, or $44,000 for a family of four. Among that total, $7.5 trillion will be federal money and $2.8 trillion will be federally mandated state expenditures.
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10 comments:
I'd rather keep our money at home.
What a surprise the misery index for the american people is at an all time high, more people have gone below the poverty level than anytime in our history in Obama's short time in office. The sad part this is his plan the more misery people have the more likely they will vote for democrats. The last thing Obama wants is for our economy to improve which result in people being much less dependent on the federal goverment.
If they're spending so much more than why did my 83 yr. old mother just get a cut in her very meager food stamps?
9:32
If you are a living, breathing human being who can afford a computer and internet service shame on you if your mother even needs foodstamps.
That is whats wrong with todays society, we expect the government to take care of us and our parents. You should be ashamed of youself for not taking care of your elderly mother.
Yoo Hoo bleeding heart liberals, you have been bamboozled and hoodwinked. The Democrat Party is busy ransacking The United States.
lock and load!
Anon. 9:32
For all you know I could be writing this from the library!!! Just because someone comments in a blog doesn't mean they have the money to support anyone. I wish I had the resources to suppliment my mother's Social Security check.
I have no problem with the elderly receiving assistance.Most of them worked all their lives and they are also not having babies every year and putting an additional burden on taxpayers.Do have any idea how fast the birthrates would drop among single low income women in the USA if they werent rewarded for being irresponsible?
End welfare.
Enact Clinton's "Welfare to Work".
Suspend welfare to illegal aliens.
Anon 5:51 - sounds good to me!
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