Tuesday, July 26, 2011

Debt Upon Debt Upon Debt

Who is to blame?



When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.
How much dept can one President pile up?
Bush and his Congress spent their share, but it pales in comparison to Obama, no matter what the liar from MSNBC thinks or says...

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