On November 6, 2012, there are more than 16 trillion reasons we must vote for a new direction.
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THE NATIONAL DEBT HAS HIT THE $16 TRILLION MARK FOR THE FIRST TIME IN U.S. HISTORY
The National Debt Is Now $16.0 Trillion Dollars. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
Since President Obama Took Office, The National Debt Has Risen $5.3 Trillion, An Increase Of Over 51 Percent. (US Department Of The Treasury, TreasuryDirect.gov, Accessed 9/4/12)
UNDER OBAMA, THE NATIONAL DEBT HAS SKYROCKETED
Politifact: Barack Obama Is “The Undisputed Debt King Of The Last Five Presidents.” “So by this measurement — potentially a more important one — Obama is the undisputed debt king of the last five presidents, rather than the guy who added a piddling amount to the debt, as Pelosi’s chart suggested.” (“Nancy Pelosi Post Questionable Chart On Debt Accumulation By Barack Obama, Predecessors,” Politifact, 5/19/11)
Congressional Budget Office: “The Amount Of Federal Debt Held By The Public Has Skyrocketed In The Past Few Years, Rising From 40 Percent Of GDP At The End Of 2008 To An Estimated 73 Percent By The End Of This Year.” (“An Update To The Budget And Economic Outlook: Fiscal Years 2012 To 2022,”Congressional Budget Office, 8/22/12)
Obama’s Binge Spending Has Racked Up +$1 Trillion Deficits Every Year In Office