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Tara Servatius Show
with Tara Servatius
The Tara Servatius show is a mixture of local and national commentary, interviews and forensic journalism from the perspective of a life-long Charlottean. Weekdays from 3pm to 6pm
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Bush Deficit vs. Obama Deficit in Pictures
See how President Obama's plan to halve the federal deficit by 2013 is not on the right track & compare budget deficits in context of President Bush’s.Also see the Standard & Poor's debt chart /
View the deficit charts
Stay in the know on the Queen City's dirt
Here you can read Tara's weekly column in Creative Loafing where she exposes the good, the bad, & the ugly in Charlotte. Read the weekly column
Bush chart
Credit: The Washington Post
-- President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
-- President Bush began a string of expensive financial bailouts. President Obama is accelerating that course.
-- President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new government health care fund.
-- President Bush increased federal education spending 58 percent faster than inflation. President Obama would double it.
-- President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already increased this spending by 20 percent.
-- President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.
-- President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.