US Debt Tops $13 Trillion & Increases $4.9 Billion a Day – 3 Times the Bush Average

Thanks Barack.
Obama’s trillion dollar Stimulus failed.
Barack Obama and the Pelosi Democrats tripled the national deficit last year by nearly a trillion dollars – something unheard of in our nation’s history.

Nice work Pelosi, Reid and Obama.

For the first time in American history the US debt topped $13 trillion today thanks to the out of control spending under the current Obama-Pelosi regime.
The Washington Times reported, via Drudge:

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Calculated down to the exact penny, the debt totaled $13,050,826,460,886.97 as of Tuesday, leaping nearly $60 billion since Friday, the previous day for which figures were released.

At $13 trillion, that figure has risen by $2.4 trillion in about 500 days since President Obama took office, or an average of $4.9 billion a day. That’s almost three times the daily average of $1.7 billion under the previous administration, and led Republicans on Wednesday to place blame squarely at the feet of Mr. Obama and his fellow Democrats.

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning