Obama Adds 6 trillion to national debt

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.

- See more at: http://www.breitbart.com/Big-Government/2013/03/02/National-Debt-Explodes-6-Trillion-Under-Obama#sthash.ToQnGBar.dpuf

Posted:  03.02.13 A. D. @ 10:25 p.m.

Leave a comment

Filed under Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s