Mark THIS DAY!: We passed the $16 TRILLION mark in National Debt today!
(Latest debt data here)
Now for some “fun facts”:
The debt increased $4.899 TRILLION under 8 years of the Bush presidency.
As if that weren’t bad enough, the Debt was at $10.626 TRILLION when Obama Took Office and it has increased $5.374 TRILLION in UNDER 4 years of Obama, to the $16 TRILLION mark passed today. That’s right, Obama is coming up on having added a half a TRILLION more debt in 4 years than Bush added in 8.
And remember, if the Obamacare policies (i.e. taxes) all kicked in when passed, this number would already be much higher.
Considering Things... 