Since President Barack Obama took office in January 2009, more than $6 trillion dollars has been added to the national debt.
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“Without fanfare, the Bureau of Public Debt at the quietly posted its daily debt report showing the total public debt of the U.S. government topped $16.687 trillion. (To be exact: $16,687,289,180,215.37),” reports Mark Knoller of CBS.
“On January 20, 2009, the day Mr. Obama took office, the debt stood at $10.626 trillion. The latest posting reflects an increase of over $6 trillion.”
And debt is expected to increase by nearly another trillion this year. “Nevertheless, the Office of Management and Budget projects the national debt will continue to increase by over $800 billion this year and by amounts in the range of $500 billion to $800 billion in the out years – all of which will add to the national debt.”
It’s an historic achievement for Obama, CBS notes.
“It’s the largest increase to date under any U.S. president. During the eight-year presidency of George W. Bush, the debt soared by $4.9 trillion.”
http://www.weeklystandard.com/blogs/obamas-now-added-6-trillion-national-debt_704980.html#sthash.OI9XIrwz.toJUbjNt.dpuf
hypocrite and liar obama says Obama: ‘Nothing I’m Proposing Tonight Should Increase Our Deficit By a Single Dime’ –
//www.weeklystandard.com/blogs/excerpt-nothing-i-m-proposing-tonight-should-increase-our-deficit-single-dime_701159.html#sthash.0PoJTxPL.dpuf
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