Quote:
Originally Posted by Rudeboyelvis
http://www.cbsnews.com/8301-503544_1...an-under-bush/
*National Debt has increased more under Obama in three years that the entire Bush 8 year Presidency
*The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.
*Mr. Obama has been quick to blame his predecessor for the soaring Debt, saying Mr. Bush paid for two wars and a Medicare prescription drug program with borrowed funds.
The federal budget sent to Congress last month by Mr. Obama, projects the National Debt will continue to rise as far as the eye can see. T he budget shows the Debt hitting $16.3 trillion in 2012, $17.5 trillion in 2013 and $25.9 trillion in 2022.
So how is his plan paying down the debt again??!!
Took all of .1 seconds to find - I'm surprised you have such a difficult time with the facts.
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25.9 trillion. christ. and when interest goes up, all our debt payments will have to increase.
but all the pols are acting like interest will remain low forever. that's hope, not proper planning.