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Saturday, February 13, 2010

Obama Weekly Address 2-13-2010

George Wenschhof

Today, in his weekly address, President Obama discusses the importance of the "Pay-As-You-Go" legislation he just signed into law. It was used during the 1990's under the Bill Clinton administration and helped lead to a 200 Billion budget surplus. After the "pay-as-you--go" legislation was ended under the George W. Bush administration, the budget deficit grew to 1.3 Trillion at the time Barack Obama was sworn into office as President.


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