Amazing how myths get repeated so often and are considered to be true.
Obama doubled the debt? Let's look at the facts - courtesy of a spreadsheet downloaded form the Office of Management and Budget.
If you include Off-Budget receipts and outlays, you get a far different picture.
The deficits for the Bush years (starting 2002 because he didn't take office until 2001 and the 2002 FY starts in October of that year) were:
2002 - $157B
2003 - $377B
2004 - $412B
2005 - $318B
2006 - $248B
2007 - $160B
2008 - $458B
2009 - $1412B (Yes, boys and girls, that has the stimulus package)
So now Obama comes into office in January 2009 and starts with the 2010 FY:
2010 - $1293B
2011 - $1645B (est)
2012 - $1101B (estimated - but it's all conjecture that can change based on what Congress does.
Last year of Bush: $1.4T. Obama? $1.2T and $1.6T estimate.
No, Obama did NOT "double the debt", no matter whether you meant debt or deficit.
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