This should surprise no one who is not in the bag for Obama; The national debt is set to double by the time President Barack Obama leaves office, if it continues to increase at the current rate.
Really, are you surprised?
In January 2009, President Obama began his first term. The federal debt was $10.6 trillion. Remember that; $10.6 trillion.
Now? 16.7 trillion, The Washington Times reported.
Even now, the president lies about our future. Obama has argued that doing so "won't add a dime" the federal debt. "It does not increase our debt," he says, "It does not grow our deficits. All it does is allow the Treasury Department to pay for what Congress has already spent."
According to FactCheck.org, the amount that the federal government owes the public is set to double as well. The government currently owes the Treasury $11.94 trillion, which is an 89.3 percent increase from the day Obama took office.
As Republican House Speaker John Boehner said, "We're not going down that path. It's about time to deal with America's problems. How can you raise the debt limit and do nothing about the underlying problem?"
The media barely covered the entire episode.
Tom Coburn to re-institute sanity?
I think so. It's not just Senator Coburn, but Doctor Coburn.
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