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Obama’s Budget to Add $4.4 Trillion to Debt in Next Four Years

4.4trillion theridgewoodblog.net

Obama’s Budget to Add $4.4 Trillion to Debt in Next Four Years
On track to $20 trillion in debt in 2016.
1:41 PM, AUG 23, 2012 • BY DANIEL HALPER

By the end of this year, the federal debt is expected to be $16.2 trillion, which is $6.2 trillion more than when President Obama first came into office four years ago. Moreover, new analysis by the Republican side of the Senate Budget Committee finds that, over the next 4 years, if Barack Obama remains president and his budget is enacted, $4.4 trillion will be added to the federal debt.

https://www.weeklystandard.com/blogs/obamas-budget-add-44-trillion-debt-next-four-years_650614.html

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