Obama Lie: “We got back every dime” of Bailout Money – CBO Says $65 Billion Still Unpaid

Obama claims that the United States “got back every dime we used to rescue the financial system”, but this is a lie, and the CBO tells a MUCH different story.

The non-partisan Congressional Budget Office says that over $65 billion still needs to be repaid, and that the government will end up losing about $24 billion on Obama’s failed bailout.

We would bet to say that at least 90% of what comes out of Obama’s mouth is a blatant and calculated lie.

President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system.”

According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout.

“We got back every dime we used to rescue the financial system, but we also passed a historic law to end taxpayer-funded Wall Street bailouts for good,”