Barack Obama how much did he spend?

Answer 1

President Obama's policies, including the stimulus package, have caused the slowest increase in federal spending of any president in almost 60 years, according to data compiled by the financial news service MarketWatch. See the graph in the related links below for the facts of the matter.

Overall, for FY 2010-2012, which are the budgets which the Obama Administration are responsible for, about $11 Trillion has been spent by the Federal government, which includes warfighting costs and the stimulus, but excluding TARP (the bank bailout), which was passed under the prior Bush administration and is thus included on the FY 2009 budget. This results in about a 10% total increase (~4% annunal increase) over the prior 3 years of the Bush Administration (FY 2007-2009).

Answer 2

Actually, this is a difficult question to answer, since there are so many internet myths that claim he has spent more than all other presidents. Such myths are partisan (Republican) rhetoric spread by talk show hosts and some of the president's political opponents. It should be noted that both Republicans and Democrats make claims (often exaggerated) about each other's candidates, especially during a presidential campaign, but these assertions are rarely factual.

In comparing President Obama's spending with other presidents, it is important to look at the circumstances: Most non-partisan fact-checking organizations have noted that much of the spending for which Mr. Obama was later blamed occurred under President Bush; for example, a 19% increase in spending in Mr. Obama's first year was the result of Bush-era policies (including a massive spending bill) that were already in place when Mr. Obama became president. That said, President Obama has indeed added to the deficit since then, sometimes due to efforts to jump-start the economy. Some of these efforts were successful, but others were not. While both parties have different views about government spending, it is not accurate to say Mr. Obama spent more than all other presidents, nor even that he spent an outrageous amount, given the severe economic crisis the country was in. I enclose a link to an objective analysis of President Obama's spending, showing what he did that worked, and what he did that was not so effective.

Answer 3

President Obama's policies, including the much-criticized stimulus package, have caused the slowest increase in federal spending of any president in almost 60 years, according to data compiled by the financial news service MarketWatch.

There is a graph that shows the facts that is accessible in the related links section below, it has been verified as factual and it shows he has spent much much less than all the recent presidents going back through Ronald Reagan. Check out the facts in the graph and don't believe it if you hear otherwise, there is a real misinformation push coming from the President's rivals in the 2012 campaign.

Answer 4

Obama has spent so much, he has add $6,000,000,000,000.00 to the national DEBT. That's a 60% INCREASE in debt. It's also more debt than ALL prior presidents, COMBINED. Obama has spent TWICE AS MUCH as Bush, TWICE AS FAST.