The debt has increased over $8 trillion since the day Obama took office. Good job!!!
Horse Shit!!! Where is the documentation for that??
Federal Debt, Deficits and Spending
Debt – The U.S. government’s
debt owed to the public has more than doubled. It is now more than $13.6 trillion, an increase of 116 percent since Obama first took office.
And the debt also has grown dramatically even when measured as a percentage of the growing economy, from
52 percent of gross domestic product at the end of fiscal year 2009 to just under 74 percent at the end of fiscal 2015, according to the
most recent estimate by the nonpartisan Congressional Budget Office.
Spending – Federal spending, however, has increased much less. Total federal outlays in the fiscal year that ended Sept. 30 last year totaled just under $3.69 trillion, according to final
U.S. Treasury figures. That’s just 4.8 percent above the
total outlays for fiscal 2009, which was well underway when Obama took office.
To be sure, Obama was responsible for some of the FY 2009 spending, but as we’ve
shown in detail elsewhere, his early spending initiatives added — at most — $203 billion to the fiscal year 2009 spending levels that were set before he took office. Even attributing that extra FY 2009 spending to Obama brings the total increase in outlays since he took office to 11.3 percent over the level he inherited.
Massive federal deficits continue: The
final figure for FY 2015 was $438.9 billion. That was about $44.5 billion less than the shortfall in fiscal year 2014, but
CBO projects that without further spending cuts or revenue increases, deficits will soon be growing larger again, and will top $1 trillion in FY 2025.
Total debt, counting money the government owes to itself, currently stands at nearly $18.9 trillion, up nearly 78 percent under Obama.
Obama’s Numbers (January 2016 Update)
Here are the actual figures. Take a minute and read it numbnuts!
..............................................Total U S Debt................................................
Figures Easily Verified....Taken From the Bureau of the Debt
US: $18,775,084,981,440 - Debt as of December 2015?
09/30/2014 $17,824,071,380,733.82
09/30/2013 $16,738,183,526,697.32
09/30/2012 $16,066,241,407,385.89
09/30/2011 $14,790,340,328,557.15
09/30/2010 $13,561,623,030,891.79
09/30/2009 $11,909,829,003,511.75
(80% Of All Debt Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49
(Times Square Debt Clock Modified To Accommodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06
(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86
(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43
(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
(Bill Clinton Raised Taxes On The Rich early 1993)
09/30/1993 $4,411,488,883,139.38
( Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00
(Total Debt Passes $1 Trillion)(Reagan Slashed Tax Rates To Pre Depression Levels)
09/30/1981 $997,855,000,000.00
J.D. Vance to Chief Justice Roberts: The Judiciary Must Check Its Own Excesses
