Treasury Secretary Timothy Geithner, when asked about the Tea Party protests, said in an interview Sunday that the Obama administration is paying more attention to deficit and spending concerns than the Bush administration did.
"We've just been through eight years where many people said deficits don't matter. We can pass huge tax cuts, pass huge new programs without paying for them. That debate has changed fundamentally," Geithner said on NBC's "Meet the Press."
"You don't hear people say anymore deficits don't matter. You don't hear people saying we can pass enormous expansions in government without paying for it. That's an important change."
President Bush ran up a $458.6 billion deficit during his last full year in
[COLOR=blue ! important][COLOR=blue ! important]office[/COLOR][/COLOR]. Obama ran up a $1.4 trillion deficit in fiscal 2009 -- that covered part of Bush's final year, but budget projections show deficits will continue to top $1 trillion for several years under Obama.
http://www.foxnews.com/politics/2010...n-tea-parties/
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