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Wednesday, April 18, 2012

That's a lot of money...

The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56

Terence P. Jeffrey


CNSNews.com


In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.

Although he has served less than a term, Obama is now the first American president to see the federal government’s debt increase by more than $5 trillion during his time in office.

During the full eight years that George W. Bush served as president, the federal government’s debt increased by $4,899,100,310,608.44. (Rising from $5,727,776,738,304.64 to $10,626,877,048,913.08.)

The $5,027,761,476,484.56 that the debt has increased during Obama’s presidency equals $16,043.39 for every one of the 313,385,295 people the Census Bureau now estimates live in the United States...


Read more:
http://cnsnews.com/news/article/5-trillion-man-debt-has-increased-under-obama-502776147648456

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