Quote:
Originally Posted by Guest
There are glaring reasons why we should not sit around, being Fat, Dumb & Happy.
Prior presidents before this one did not imperil our nation with $20 Trillion in national debt.
"When President 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...."
Obama presidency to end with $20 trillion national debt - Washington Times
|
It's $19+ trillion today.