$9,335,000,000,000 Deeper in Debt

Spare_change

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Jun 27, 2011
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(CNSNews.com) - 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.
 
War, and a fucked up healthcare system caused most of this debt.

Gutting infrastructure, science, r&d and education is a sure way to destroy this country and turn it into the next Haiti.

Of course, you don't give a damn about reason.
 
War, and a fucked up healthcare system caused most of this debt.

Gutting infrastructure, science, r&d and education is a sure way to destroy this country and turn it into the next Haiti.

Of course, you don't give a damn about reason.

A war that he scewed up --- we agree.

Healthcare system that he created causing massive debt --- we agree.
 
War, and a fucked up healthcare system caused most of this debt.

Gutting infrastructure, science, r&d and education is a sure way to destroy this country and turn it into the next Haiti.

Of course, you don't give a damn about reason.

A war that he scewed up --- we agree.

Healthcare system that he created causing massive debt --- we agree.

How did he screw the war up??
 
(CNSNews.com) - 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.
Are you 12 because we've said the same thing about every president.

Trump will double Obama's debt. One way will be because of tax cuts. The next reason will be increased military spending. The 3rd will be infrastructure spending.

If the debt goes up 50℅ in 4 years will you vote democratic in 2020? If it doubles will you vote democratic in 2024? Then fuck off!
 
War, and a fucked up healthcare system caused most of this debt.

Gutting infrastructure, science, r&d and education is a sure way to destroy this country and turn it into the next Haiti.

Of course, you don't give a damn about reason.

A war that he scewed up --- we agree.

Healthcare system that he created causing massive debt --- we agree.
Yea cause the war was all but won in 2008
 
Guys guys....let the left live in their fantasy that Obama fixed everything, in fact let them join rightwinger who says he is the best President in modern history!!! Encourage them to think this!!

Trump didn't win because Republicans voted for him. He won because people in key states WHO VOTED FOR OBAMA switched over and voted for someone completely opposite...working people...middle class people who were entirely ignored, ridiculed and patronized by the left.
They keep this up and they will lose again. So go ahead and agree with them
 
(CNSNews.com) - 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.
And it looks like it will get bigger with the plans presented by the next leaders in Congress..
 
I noticed the so called conservative Congress first order of business was only to get rid of the ethics committee, not a balanced budget amendment or a plan to reduce the debt...
 
Guys guys....let the left live in their fantasy that Obama fixed everything, in fact let them join rightwinger who says he is the best President in modern history!!! Encourage them to think this!!

Trump didn't win because Republicans voted for him. He won because people in key states WHO VOTED FOR OBAMA switched over and voted for someone completely opposite...working people...middle class people who were entirely ignored, ridiculed and patronized by the left.
They keep this up and they will lose again. So go ahead and agree with them

Well he didn't hand Trump a great fucking recession I can tell you that much dummy.
 
I noticed the so called conservative Congress first order of business was only to get rid of the ethics committee, not a balanced budget amendment or a plan to reduce the debt...
Debt? What's that? Oh that? Debt doesn't matter.
 
(CNSNews.com) - 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.
Are you 12 because we've said the same thing about every president.

Trump will double Obama's debt. One way will be because of tax cuts. The next reason will be increased military spending. The 3rd will be infrastructure spending.

If the debt goes up 50℅ in 4 years will you vote democratic in 2020? If it doubles will you vote democratic in 2024? Then fuck off!

I don't recall any other president accumulating more debt in 8 years than every other president combined.
 
(CNSNews.com) - 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.
Are you 12 because we've said the same thing about every president.

Trump will double Obama's debt. One way will be because of tax cuts. The next reason will be increased military spending. The 3rd will be infrastructure spending.

If the debt goes up 50℅ in 4 years will you vote democratic in 2020? If it doubles will you vote democratic in 2024? Then fuck off!

I don't recall any other president accumulating more debt in 8 years than every other president combined.
The last president to do that was Reagan, who increased the debt by about a trillion dollars more than every president before him combined.
 
(CNSNews.com) - 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.
all spending for legacy programs the right wing, socialized for the People, but capitalized for capitalists.
 
(CNSNews.com) - 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.
Are you 12 because we've said the same thing about every president.

Trump will double Obama's debt. One way will be because of tax cuts. The next reason will be increased military spending. The 3rd will be infrastructure spending.

If the debt goes up 50℅ in 4 years will you vote democratic in 2020? If it doubles will you vote democratic in 2024? Then fuck off!

I don't recall any other president accumulating more debt in 8 years than every other president combined.

I have heard this about every president since I was old enough to pay attention. Carter, Reagan, Bush, Clinton, Bush and Obama all doubled the debt.

While the large increase in borrowing occurred "under Obama," it's an overstatement to blame Obama's actions as the sole cause of the ballooning debt, according to the bipartisan Committee for a Responsible Federal Budget.

The debt would have risen by $3 trillion because of tax and spending policies that were already in place. Plus, the Great Recession drove up spending on safety net programs, such as Medicaid and food stamps, without the president or Congress doing a thing.

This is not to say that Obama had zero impact on the debt during his two terms in office. His 2009 stimulus plan and his making most of the Bush tax cuts permanent in 2012 contributed to the debt. But the 2011 Budget Control Act, which curbed government spending, helped slow the projected growth in debt.

Also, keep in mind that Obama can't take any financial steps without Congress' approval. And Republicans controlled the House for six years of his term and the Senate for two years.

So we rate Moore's claim as true, but misleading.

Reality Check: Has the U.S. borrowed more under Obama than all other presidents combined?
 
Barack Obama - The national debt grew the most dollar-wise during President Obama's two terms. He added $7.917 trillion, a 68 percent increase, in seven years. Obama's budgets included the economic stimulus package. It added $787 billion by cutting taxes, extending unemployment benefits, and funding job-creating public works projects. The Obama tax cuts added $858 billion to the debt in two years. Obama's budget included increased defense spending to between $700 billion and $800 billion a year. Federal income was down, thanks to lower tax receipts from the 2008 financial crisis. He also sponsored the Patient Protection and Affordable Care Act. It was designed to reduce the debt by $143 billion over ten years. But these savings didn't show up until the later years. For more, see National Debt Under Obama.
 
President Bush added the second greatest amount to the debt, at $5.849 trillion. But that was a 101 percent increase to the debt. It was $5.8 trillion on September 30, 2001. That's the end of FY 2001, which was President Clinton's last budget. Bush responded to the 9/11 attacks by launching the War on Terror. That drove military spending to record levels of between $600-$800 billion a year. It included the Iraq War, which cost $807.5 billion. President Bush also responded to the 2001 recession by passing EGTRRA and JGTRRA. These were known as the Bush tax cuts and they further reduced revenue. He approved a $700 billion bailout package for banks to combat the 2008 global financial crisis. Both Presidents Bush and Obama had to contend with higher mandatory spending for Social Security and Medicare. For more, see President Obama Compared to President Bush Policies.
 
president Bush, First Fiscal Year budget on
10/01/2001
the national debt was at
5,806,151,389,190.21

on
10/01/2009 the last day of his 8th fiscal budget the national debt was:
11,920,519,164,319.42


Obama's first fiscal year budget began
10/01/2009
with
11,920,519,164,319.42 in national debt

and through yesterday
01/23/2017
the accumulated national debt was
19,949,678,366,998.00

and counting...obama's last day of his last fiscal budget year 2017 will end sept 30th of this year.

Pres Bush more that doubled the national debt

and Obama, when said and done on sept 30th,

will almost have double the national debt as well....

Debt to the Penny (Daily History Search Application)
 

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