Monday, November 2, 2015

$20 Trillion Man: National Debt Nearly Doubles During Obama Presidency


 


Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man.

Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.

http://nation.foxnews.com/2015/11/02/20-trillion-man-national-debt-nearly-doubles-during-obama-presidency

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