Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Trump to halt 'massive' ObamaCare subsidies
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="SlugSlinger" data-source="post: 3043259" data-attributes="member: 7248"><p><span style="font-size: 22px"><strong>$20 trillion man: National debt nearly doubles during Obama presidency</strong></span></p><p>By <a href="http://www.washingtontimes.com/staff/dave-boyer/" target="_blank">Dave Boyer</a></p><p>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.</p><p></p><p>Mr. Obama’s spending agreement with <a href="http://www.washingtontimes.com/topics/congress/" target="_blank">Congress</a> 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 <a href="http://www.washingtontimes.com/topics/white-house/" target="_blank">White House</a>.</p><p></p><p>When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3043259, member: 7248"] [SIZE=6][B]$20 trillion man: National debt nearly doubles during Obama presidency[/B][/SIZE] By [URL='http://www.washingtontimes.com/staff/dave-boyer/']Dave Boyer[/URL] 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 [URL='http://www.washingtontimes.com/topics/congress/']Congress[/URL] 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 [URL='http://www.washingtontimes.com/topics/white-house/']White House[/URL]. When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Trump to halt 'massive' ObamaCare subsidies
Search titles only
By:
Top
Bottom
