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Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt
CNS Newa ^ | January 19, 2017 | Terence P. Jeffrey

Posted on 01/19/2017 4:59:53 PM PST by Cheerio

President Barack Obama will leave the federal government approximately $9,335,000,000,000 deeper in debt than it was when he took office eight years ago, according to data released today by the U.S. Treasury.

The increased debt incurred under Obama equals approximately $75,129 for every person in the United States who had a full-time job in December.

The $9,334,590,089,060.56 that the debt had increased under Obama as of the close of business on Wednesday is far more debt than was accumulated by any previous president. It equals nearly twice as much as the $4,889,100,310,609.44 in additional debt that piled up during the eight years George W. Bush served as president.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Government
KEYWORDS: debt; obama
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To: Cheerio

Not Obama’s fault.

Blame Bush.

Oh... wait... sorry...

Blame Trump.


21 posted on 01/19/2017 7:46:49 PM PST by adorno (w)
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To: brucedickinson

That’s kinda what Obama did...


22 posted on 01/19/2017 8:28:20 PM PST by bigbob (We have better coverage than Verizon - Can You Hear Us Now?)
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To: Mozilla
Eight years, what do you get? Another day older and deeper in debt

Trump needs to address the debt in his speech today and then hammer it in his first State of the Union speech.

He has two golden opportunities to lay it at the feet of congress. Congress approved much of that spending. And Ryan did not hold the line when he could have, he rolled over and played dead.

23 posted on 01/20/2017 2:41:00 AM PST by Dustoff45 (Where there is smoke, there is someone playing with matches trying to start a fire.)
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To: adorno
Not Obama’s fault.

In actuality your statement is 100% factual. Obie could not increase the Nation's debt unilaterally, no matter how significant he thought he was a Dicktator and wished he had that power. The GOPee had every bit as much to do with this horrific action against our children and grandchildren.

The federal debt has increased by $3,970,023,503,348.07 since House Speaker John Boehner cut his first spending deal with President Barack Obama in 2011. October 26, 2015


24 posted on 01/20/2017 6:59:38 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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