Synthaholic
Diamond Member
Where in this dishonest post is the interest on the debt?Obama on Pace to Borrow $6.2T in One Term
Obama on Pace to Borrow $6.2T in One TermMore Than All Presidents from Washington Through Clinton Combined
By Terence P. Jeffrey
January 13, 2012
(CNSNews.com) - President Barack Obama has been increasing the national debt during his presidency by an average of $4.24 billion per day ($4,240,506,004.34) putting him on a pace to increase the national debt by $6.2 trillion ($6,195,379,272,340.74) by the end of his term on Jan. 20, 2013, according to the debt figures published by the U.S. Treasury.
That $6.2 trillion is more debt than was accumulated by all U.S. presidents from George Washington through Bill Clinton combined.
In fact, the U.S. national debt did not eclipse the $6.195 trillion levelthe amount Obama is on pace to increase it in one termuntil August 19, 2002, during President George W. Bushs second year of office.
The national debt was $10.6 trillion ($10,626,877,048,913.08) on Jan. 20, 2009, the day Obama was inaugurated. As of the close of business on Jan. 11, 2012, it was $15.2 trillion ($15,236,307,075,631.58.) In Obamas first 1,087 days in office, the debt increased $4.6 trillion ($4,609,430,026,718.50)or an increase of $4.24 billion ($4,240,506,004.34) per day.
At that daily rate, the debt would increase a total of $6.2 trillion ($6,195,379,272,340.74) over the entire 1,461 days of Obamas four year term.
At the close of business Aug. 19, 2002, the total national debt was $6.195 trillion.
You fucking idiot.