Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined « SGTreport – The Corporate Propaganda Antidote – Silver, Gold, Truth, Liberty, & Freedom
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Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined

by Terence P. Jeffrey, 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 level—the amount Obama is on pace to increase it in one term—until August 19, 2002, during President George W. Bush’s second year of office.

Read More @ CNSNews.com

2 comments to Obama on Pace to Borrow $6.2T in One Term—More Than All Presidents from Washington Through Clinton Combined

  • J

    It amazes me that this president can get away with so much BS and the main street media says nothing.

  • Ulrick

    Hello Obumer !

    It’s my pleasure to announce you that we will soon send you a little package from France as a gift for all your good work for liberty, justice and the economy.

    Wait till next april and you’ll get your own personnal Hungarian dwarf !

    ENJOY !

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