Posted by: arnegrim | October 20, 2010

Obama legacy of debt

“New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office.

The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion.

The Debt increased $4.9 trillion during President Bush’s two terms.”

http://www.cbsnews.com/8301-503544_162-20019931-503544.html?tag=cbsnewsMainColumnArea

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