Sunday, March 3, 2013

NATIONAL DEBT EXPLODES $6 TRILLION UNDER OBAMA

FYI


Under President Barack Obama, the national debt has grown by more than $6 trillion, the largest increase under any president in U.S. history.

According to the Treasury Department, the national public debt now stands at $16,687,289,180,215.37. 
On the first day of Obama’s first term, the debt was $10.626 trillion.
Under President George W. Bush, the debt grew $4.9 trillion in eight years.
Presently, the federal government is embroiled in a contentious debate over $85 billion in budget cuts, or 0.005% as a percentage of the national debt.
http://www.breitbart.com/Big-Government/2013/03/02/National-Debt-Explodes-6-Trillion-Under-Obama



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