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.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!