This “Time Bomb” Will Go Off When Obama Leaves Office
January 28, 2015 5:10pm PST
Obama has two more years left in office, and he’s planning to spend as much money as he can until the day he leaves.
A new report from the non-partisan Congressional Budget Office has revealed that the federal deficit is set to explode to extreme levels in 2015. This increase is mostly due to Obamacare, with the government set to spend $384 million on medicaid alone in 2017, the year Obama leaves office.
By 2025, the deficit is set to exceed $1 trillion once again, thanks in large part to Obama’s overspending in the next few years.
When asked if the nation’s 2015 budget would continue the spending spree, the White House responded with a resounding yes.
“The President has been pretty clear about the fact over the last two weeks that now is exactly the right time for us start making some policy decisions that will invest in middle class families, said White House Press Secretary Josh Earnest, according to Conservative Tribune.
This effectively means that Obama will spend more and more until he leaves office. This is really no surprise when you remember that the president cares nothing about the American people. Obama won’t have to deal with any repercussions of his actions. Instead, he’ll be off in Hawaii playing golf.
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