Our children will pay. Thanks BO

Obama Doubles The National Debt

The federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.

[Jan 2016]: The debt is up to $16.5 trillion and by the he leaves office our indebtedness will be almost double where it was when he entered the Oval Office. Just the interest payments alone cost half a trillion dollars a year. This is the Obama legacy and if liberals want to take ownership of this bleak record — it’s all theirs. -Stephen Moore Go To Site

It’s official. President Barack Obama is the biggest spender in the history of the world. And that is not hyperbole. Like a shopaholic who denies the addiction, Obama has consistently been in denial about his reckless spending addiction. -Tony Lee Go To Site

Democrat, Liberal, Incompetence, Obama, Financial, Debt

The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.

  That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion--more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.

Barack Obama In 2008:

Adding $4 Trillion to Debt is Unpatriotic

[Jan 2016]: The debt of the federal government increased by $8,314,529,850,339.07 in President Barack Obama’s first seven years in office, according to official data published by the U.S. Treasury. That equals $70,612.91 in net federal borrowing for each of the 117,480,000 households that the Census Bureau estimates were in the United States as of September.

Democrat, Liberal, Government, Incompetence, Financial, Economy, Debt

WASHINGTON – The soaring national debt has reached a symbolic tipping point: It's now as big as the entire U.S. economy. The amount of money the federal government owes to its creditors, combined with IOUs to government retirement and other programs, now tops $15.23 trillion. That's roughly equal to the value of all goods and services the U.S. economy produces in one year: $15.17 trillion as of September, the latest estimate.

Democrat, Liberal, Government, Incompetence, Obama, Oops, Economy, Debt

Sen. Michael Bennet’s recent appearance in Greeley, Colorado is sure to set political tongues wagging–Bennet is quoted as saying that though trillions of dollars of Federal debt has been incurred through spending since he was appointed to the Senate in January of 2009, “we have nothing to show for it”.

"The tragedy of what’s going on is that one of the constituencies that went big for him, the young folks in America, are the ones he’s screwing the most. He’s screwing them with taxes; he’s screwing them with, as you put it, robbing from them in the future." -John Sununu Go To Site