Debt
Americans donate $8 million to cut national debt
The debate about the national debt has already paid off: Individual Americans pitched in nearly $8 million of their own money to help reduce it in fiscal 2012. That’s more than double the total from the year before…
But even this year’s hefty total of $7.7 million is barely a drop in the bucket. That sum […]
Budget deficit rises to $120 billion in October
The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape.
The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October […]
US Budget Deficit Soars In October As Government Spends Over $300 Billion In One Month
Moments ago the MTS [Monthly Treasury Statement] released the final October budget report. It was not pretty, although those who read our report on how much debt was added - $195 billion to be precise - in the first month of the 2013 Fiscal Year will know where this is going. The US budget deficit […]
US Debt - Just in time for Democrat National Convention $16 Trillion
$15,999,308,251 and counting.
(Excerpt) Read more at usdebtclock.org
Audit The Fed: Audit of the Federal Reserve Reveals $16 Trillion in Secret Bailouts (Shocking)
The first ever GAO (Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year.
Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal Reserve audit in […]
Obama Economic Plan Would Explode Debt to $25.4 Trillion
In presidential campaign ads, President Barack Obama claims that his economic plan includes “$4 trillion in deficit reduction.” For a president who has increased the national debt more than all U.S. presidents from George Washington to George H.W. Bush combined, the claim seems incredible. Indeed, it is.
A new analysis of Mr. Obama’s budget reveals the […]
Obama budget forecast predicts $8.3 trillion deficit over next decade
The White House has delivered its 10-year budget forecast to Congress, and it predicts a trillion-dollar deficit for fiscal year 2012.
The project, titled the Mid-Session Review, projects $42.6 trillion in spending, and will balloon the federal government’s accumulated debt to $25.4 trillion by 2022, according to an analysis from the office of Sen. Jeff Sessions, […]
Federal Government’s Debt Jumps More Than $1T for 5th Straight Fiscal Year
(CNSNews.com) - By the end of the third quarter of fiscal 2012, the new debt accumulated in this fiscal year by the federal government had already exceeded $1 trillion, making this fiscal year the fifth straight in which the federal government has increased its debt by more than a trillion dollars, according to official debt numbers published […]
Are You A Slave Of The System? America in the Age of Obama: Slave or Free
If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly lopsided.
Most Americans believe that they live in “the land of the free” and that they are not enslaved […]
Flashback: Obama Said Adding $4 Trillion to National Debt “Unpatriotic” (Obama Increased the Deficit)
On July 3, 2008 — the day before Independence Day — Barack Obama said that adding $4 trillion in debt was irresponsible and “unpatriotic.
Obama: The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name […]
Obama Mountain of Debt: Then and Now
Since he was elected, Barack Obama has added $4.9 trillion in new debt—that’s more than another president in our country’s history.
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Obama, The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56
The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56 By Terence P. Jeffrey April 18, 2012
President Obama shakes hands with Treasury Secretary Timothy Geithner at the State of the Union Address, Jan. 25, 2012. (AP Photo)
(CNSNews.com)- In the 39 months since Barack Obama took the oath of office as president of the United […]
Obama Debt Data: It’s growing about $3 million a minute, even during his vacation
According to the LA Times, the new national debt data: It’s growing about $3 million a minute, even during his vacation
Swallow all liquids in your mouth before reading any further.
Updated numbers for the national debt are just out: It’s now $14,639,000,000,000.
When Barack Obama took the oath of office twice on Jan. 20, 2009, CBS’ amazing […]
Obama Set Debt Record:$4,247,000,000,000 debt in just 945 days…
Updated numbers for the national debt are just out: It’s now $14,639,000,000,000.
When Barack Obama took the oath of office twice on Jan. 20, 2009, CBS’ amazing number cruncher Mark Knoller reports, the national debt was $10,626,000,000,000.
That means the debt that our federal government owes a whole lot of somebodies including China has increased $4,247,000,000,000 […]
Democratic Senator: “Trillions in Debt, ‘Nothing to Show for It”
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. […]
Regarding spending during his time in office he said, “We have managed to acquire $13 trillion […]
Obama’s failed stimulus program cost more than the Iraq war (Budget Deficit Analysis)
Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.
The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the […]
Obama Calling “Bluff” Of Those Complaining About Debt He Created
President Obama on controlling the debt: “Somehow people say, why are you doing that, I’m not sure that’s good politics. I’m doing it because I said I was going to do it and I think it’s the right thing to do. People should learn that lesson about me because next year when I start presenting […]
$130 Trillion - What We Owe
[click to see the cover of the current NR magazine] About that $14 trillion national debt: Get ready to tack some more zeros onto it. Taken alone, the amount of debt issued by the federal government - that $14 trillion figure that shows up on the national ledger - is a terrifying, awesome, hellacious number. […]
US NATIONAL DEBT RISE TO $19,600,000,000,000.00 BY 2015 (Thanks to Obama)
June 8 (Reuters) - The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress.
The report that was sent to lawmakers Friday night with no fanfare said the ratio of debt to the gross domestic product would rise to […]
Federal Government Borrowed approximately $4.9 Billion Each and Every Day Since Obama Became President
Today, the United States Department of the Treasury confirms that the total combined United States national debt has just reached and exceeded a new milestone of $13 trillion:
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
01/20/2009 […]