| National Debt tops $15 Tril, Tea Party proposal cuts $9 Tril The Department of the Treasury said on Wednesday that the national deficit has reached 15,000,000,000,000 dollars. And it is still climbing. American history has never seen such a debt — and it all happened in a decade: when George Bush took office in 2001, the deficit stood at $5.7 Trillion, and since Obama has been seated it has risen $4.407 Trillion. According to the Washington Times, “Mr. Obama is averaging a debt increase of more than $1.5 trillion a year during his term in office, compared with an average of $612.4 billion for Mr. Bush and $192.5 billion a year under President Clinton.” Read More |
Showing posts with label Tea Party and National Debt. Show all posts
Showing posts with label Tea Party and National Debt. Show all posts
Thursday, November 17, 2011
TEA PARTY TACKLES NATIONAL DEBT PROBLEM
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