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Friday, July 13, 2012

The $64,000 Question: How Much Has Debt Increased Per Taxpayer Under Obama?

The national debt has now increased by more than $64,000 per federal taxpayer since Barack Obama was inaugurated president.

At the close of business on Jan. 20, 2009, according to the U.S. Treasury, the total debt of the federal government was $10,626,877,048,913.08. By the close of business on July 10, 2012, that debt had climbed to $15,885,854,755,351.47—an increase of $5,258,977,706,438.39.

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3 comments:

  1. AnonymousJuly 13, 2012 at 4:25 PM

    But according to the libtards, we can borrow and spend our way out of debt.

    ReplyDelete
  2. AnonymousJuly 14, 2012 at 8:09 AM

    Obama should change his name to Andy Borowitz.

    ReplyDelete
  3. AnonymousJuly 14, 2012 at 6:40 PM

    But according to the libtards,

    How very clever of you.

    ReplyDelete

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