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Keyword: obamadebt

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  • Record-breaker: Obama runs up $2 trillion in debt in 421 days

    03/17/2010 10:58:25 AM PDT · by Justaham · 15 replies · 466+ views
    hotair.com ^ | 10-17-10 | Ed Morrissey
    The man at the top gets the blame for what ails the government, just as quarterbacks usually get the blame when offenses fail in the NFL. Neither case is particularly fair, but it serves nonetheless as a consistent marker for accountability. CBS’ Mark Knoller reports that Barack Obama has set a new record for adding to the national debt, smashing the old one set by George Bush. The latest posting from the Treasury Department shows the National Debt has increased over $2 trillion since President Obama took office. The debt now stands at $12.6 trillion. On the day Mr. Obama...