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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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1 posted on 01/19/2017 4:59:53 PM PST by Cheerio
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To: Cheerio

We just need to print one 10 trillion dollar bill, and sell it to a chinaman. We’d be in the red.


2 posted on 01/19/2017 5:01:14 PM PST by brucedickinson
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To: Cheerio

We just need to print one 10 trillion dollar bill, and sell it to a chinaman. We’d be in the red.


3 posted on 01/19/2017 5:01:15 PM PST by brucedickinson
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To: Cheerio; SkyPilot; null and void

Thanks, Obama. Amazing job.

Let the praises of brain-dead liberals continue.

Facts don’t matter.


4 posted on 01/19/2017 5:01:43 PM PST by SaveFerris (Hebrews 13:2 Do not forget to entertain strangers, for ... some have unwittingly entertained angels)
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To: Cheerio

Add 1 more trillion to that total. The stimulous of Bush was returned and paid back from the banks and Obama made sure he spent that as well instead of returning it to the treasury.
So 9.3 is 10.3 in fact.


5 posted on 01/19/2017 5:03:17 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: Cheerio

He should be jailed for this


6 posted on 01/19/2017 5:05:43 PM PST by WashingtonFire
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To: Cheerio

I go here instead of counting sheep on those sleepless nights:

http://usdebtclock.org/

$19.96 trillion in debt.


7 posted on 01/19/2017 5:06:41 PM PST by exit82 (Making America Great Again begins with........me.)
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To: Cheerio

Much of this occurred with the enthusiastic cooperation of a GOPe-controlled House (which must initiate all spending).

This is one of the reasons Donald Trump did so well.


8 posted on 01/19/2017 5:16:11 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Cheerio; All
Remember this?

https://youtu.be/1kuTG19Cu_Q

I sent the CNS News link from this thread, and the one shown above from 8 years ago to a LOT of people and labeled the note, "Then and Now."

9 posted on 01/19/2017 5:35:51 PM PST by Cobra64 (Common sense isn't common any more.)
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To: Cheerio

Actually, it cost us $9,335,000,000,000 to get rid of his ass.


10 posted on 01/19/2017 5:40:01 PM PST by maddog55 (America Rising)
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To: A CA Guy

Plus add the $4trillion in money printed by the fed


11 posted on 01/19/2017 5:40:56 PM PST by Undecided 2012
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To: brucedickinson

This is the future that Continuum the TV series plotted out.
Citizens birthing with enormous debt to be paid off in their lifetime.


12 posted on 01/19/2017 5:54:00 PM PST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: Cheerio
Debt Responsibility Bill of 2010 Proposal:

"Should the debt incurred by the United States be the direct result of one administration's actions, the reimbursement of that debt shall become the sole responsibility of that administration. Should that administration be unable to reimburse such debt by the end of their tenure, the reimbursement of that debt shall be carried out though the incarceration of appropriate parties for the appropriate periods."

Meanwhile him gets to retire in opulence. Not right.

13 posted on 01/19/2017 6:05:55 PM PST by conservativeimage (NEWS (it might not be true))
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To: Cheerio
Look at that graph from say 1968 thru present.

Republicans did nothing to bend it down even when they had control.

I hope President Trump kicks greedy pig government's ass and slams them in a cage where they belong so We the People can make America great again!

14 posted on 01/19/2017 6:07:20 PM PST by BloodScarletMinnesota
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To: Cheerio

0bama may not be able to pay it back, but every cent he earns should be confiscated to go to debt repayment.


15 posted on 01/19/2017 6:09:44 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: Cheerio

Eight years, what do you get?
Another day older and deeper in debt


16 posted on 01/19/2017 6:59:17 PM PST by Mozilla (Truth Is Stranger than Fiction.)
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To: Cheerio; All
Thank you for referencing that article Cheerio. Please note that the following critique is directed at the article and not at you.

"Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt"

FR: Never Accept the Premise of Your Opponent’s Argument

Patriots are reminded that the Founding States gave the power of the purse uniquely to the House of Representatives, not the POTUS, evidenced by Clause 1 of Section 7 of Article I. So while lawless Obama’s pen and phone were a part of the problem concerning the national debt, corrupt career lawmakers who had the constitutional authority to stop Obama’s reckless spending, but wrongly hid behind last-term Obama with respect to the debt, are the real problem imo.

And speaking of corrupt career federal lawmakers ...

Drain the swamp! Drain the swamp!

Remember in November ’18 !

Since Trump entered the ’16 presidential race too late for patriots to make sure that there were state sovereignty-respecting candidates on the primary ballots, patriots need make sure that such candidates are on the ’18 primary ballots so that they can be elected to support Trump in draining the unconstitutionally big federal government swamp.

Such a Congress will also be able to finish draining the swamp with respect to getting the remaining state sovereignty-ignoring, activist justices off of the bench.

Noting that the primaries start in Iowa and New Hampshire in February ‘18, patriots need to challenge candidates for federal office in the following way.

Patriots need to qualify candidates by asking them why the Founding States made the Constitution’s Section 8 of Article I; to limit (cripple) the federal government’s powers.

Patriots also need to find candidates that are knowledgeable of the Supreme Court's clarifications of the federal government’s limited powers listed below.


17 posted on 01/19/2017 7:14:04 PM PST by Amendment10
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To: Cheerio

But but notice how when so obviously spent the spreading wealth around has created things: the yards full of cars, that those with no visible means of support flourish, the riding of motor bikes and fishing during time to work,the purchasing beer and lottery tickets way prior to noon, annnd all day breakfast at mickydeez period


18 posted on 01/19/2017 7:16:08 PM PST by Recompennation
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To: Cheerio

The GOP did nothing to hold him accountable on anything. They all should be thrown out.


19 posted on 01/19/2017 7:26:11 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Amendment10
It's awesome President Trump has few friends in the GOPe and in Congress.

I hope he kicks their ass too for being such p*****s and c****s for so long at the expense of We the People.

I really thought it was all over, I resigned myself to a win for crooked Hillary and their filthy lying systems but holy crap it failed!

Greatest inauguration since Jan. 20th, 1981 when Reagan swore his oath on the good book.

God bless President Trump!

20 posted on 01/19/2017 7:34:41 PM PST by BloodScarletMinnesota (Chipping away at Leftism)
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