The Obama Debt Tracker: total combined national debt hits $19 trillion for the first time

The United States Department of the Treasury ^ | Monday February 1, 2016 | The United States Department of the Treasury

[jpl]

Today, America's national debt hit the staggering total combined amount of $19 trillion. It has been a little over fourteen months since it hit $18 trillion. Since President Barack Hussein Obama was inaugurated into office a little more than seven years ago, he, the democrats, and a few spineless republican "leaders" in congress have increased the total combined national debt by nearly $8.4 trillion:

Date                 Debt Held by the Public       Intragovernmental Holdings   Total Public Debt Outstanding

1/20/2009       6,307,310,739,681.66           4,319,566,309,231.42              10,626,877,048,913.08
1/29/2016       13,657,155,197,715.49         5,355,672,500,702.44              19,012,827,698,417.93

In this time period, the debt has increased precisely $8,385,950,649,504.85, and worst of all, the overwhelming bulk of this is debt held by the public which has been borrowed from foreign governments like the communist Chinese, and printed by the Federal Reserve Bank, significantly devaluing the precious U.S. dollar. The publicly held debt has incredibly more than doubled under this administration! This is an absolutely mind-blowing increase of nearly $3.3 billion each and every single day of the Obama presidency. 8.4 trillion dollars is approximately $26,000 for every single man, woman, and child in the United States. And given that true economic recovery appears to be nowhere in sight and the federal government continues to recklessly overspend, with fiscal responsibility nowhere in sight, it is pretty much a certainly that the next trillion dollars of debt will be accumulated before we know it within the next couple of years or so.

[jpl]

Not sure how we can continue on down this path. I can't wait to see if we can hit the wonderful $20 trillion mark in Obama's presidency. Maybe not, but it'll probably be fairly close.

[VRWC For Truth]

Make the ‘Rats pay the bill....

[napscoordinator]

I would start working on that intergovernmental holdings. Once you get that down to zero then you work on the bigger debt. I swear that would be my priority to pay down the debt. I would tell Hollywood and CEO and others where to add money to their taxes on their tax forms. You know how Obama put out videos showing how to sign up for Obamacare. I'd do videos showing where to add funds to pay off the debt. Heck I might even add a line on the tax form specifically for the debate like they do for the presidential elections. Add such and such an amount. Well see how much those liberals believe their BS.

[DoughtyOne]

Yeah, and January of 2001 about:

$5,500,000,000,000.00

[dhs12345]

Make the 1%ers for it!

BTW, Bernie is promising me a free college education. I am going to vote for him.

Signed, A. Millennial

[IC Ken]

Re>Make the Rats pay the bill....

Doesn't the Republican controlled Congress control the purse string? Was my social studies 101 teacher wrong?

[CivilWarBrewing]

I hate to say it but TRUMP might be the only man passionate enough about money to put a dent in this. He's endured bankruptcies, yes, but has also learned the ropes because of it. He'll get the 'killers' on board who'll attack this debt like nobody else can; trade imbalances, etc..

What's YOUR take, FReepers?

[CivilWarBrewing]

The ‘Representative government’ thing is ALL window dressing. All for show. You know better. When the president can call the owner of a website and tell him not to allow gun sale postings, WE’RE UNDER A DICTATORSHIP!

[IC Ken]

I wish I could mount an agreement against you. I can’t.

[butlerweave]

Where is he stashing all the cash ?

[Zarro]

Was my social studies 101 teacher wrong?

Apparently mine was. About that "balance of powers idea". Oh....and "legislating from the bench". Yeah.

[SaveFerris]

It will be 20-21 Trillion by January, 2017. Just watch.

[Chgogal]

This the reason I am for Trump. He understands the value of money.

[Chgogal]

I agree with you.

[jsanders2001]

Just as he and Soros planned it. Put the U.S. into an unrecoverable financial position and watch it burn

[DoughtyOne]

Please help make FR's voice louder.

Truth, Justice, and the American Way.

click the bottom graphic and support them

[PGalt]

Prison for 536 - CONgre$$ & POSOTUS

TREASON

[PGalt]

Thanks for posting.

http://www.usdebtclock.org

$18,965,531,680,405+

[Revel]

“I hate to say it but TRUMP might be the only man passionate enough about money to put a dent in this.”

Yup- Unlike Obamacare- Trumpcare will be free. /sarc

[DoughtyOne]

You’re touching on a very big reason why I want Trump and his team in there scouring the budget looking for savings.

He seems to agree this deficit spending can’t continue. I think he’s right. He has addressed paying down the debt also.

That’s why it’s so vitally important to get our people back to work.