Thursday, March 18, 2010

National Debt: Bush v. Obama

The latest posting from the Treasury Department shows the National Debt has increased over $2 trillion since President Obama took office.

The debt now stands at $12.6 trillion. On the day Mr. Obama took office it was $10.6 trillion.

President George W. Bush still holds the record for the most debt run up on his watch: $4.9 trillion.

But it took him over four years to rack up the first two trillion dollars in debt.

It has taken Mr. Obama 421 days.

source

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