Treasury Department Data: Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined

Print Friendly

The Obama administration passed another fiscal milestone this week, according to new data released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.

That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion–more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.

Continue Reading on www.cnsnews.com

This entry was posted in Uncategorized and tagged , . Bookmark the permalink.
Posting Policy:
The 1st Amendment protects the right to freedom of expression from government interference. However, you are currently posting on private web property and your comments are bound by our site's policies. We have a zero-tolerance policy for comments containing violence (threats, suggestions or direct statements permitting violent or threatening acts or sentiments), racism (suggestion that one "race" is superior to others), crassness or profanity (any word or phrase considered by courteous society to be profane), all caps (a violation of internet etiquette), discourteous behavior (calling names, rude or insulting statements directed at another user/post) or violations similar in nature to any of these offenses. Posts violating our policies of posting are subject to removal and the user may face banning. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.
  • Toodgie

    Where are the real “Congress & Senate when they are needed most??? Obama as I understand it has declared war on “Libya” without consulting congress; and without congresses authorization… {UNCONSTITUTIONAL} and is a {IMPEACHABLE} offense… not one peep from the halls of “Congress” the “Senate” or from our Media… Obama fired the CEO of G.M. and not a peep… When will someone step forward and start the {IMPEACHMENT} process…???

    • http://www.reformdc.com nax777

      When you are willing to stand in front of the press and run for office. If you have no trust in voters then you do let the media’s lead.

      Ten million, 20 million, 30 million, 40 million… Hello Sharia flag, for English please press 2!

      http://www.reformdc.com
      P.S. Did you vote this week at “you cut”? http://majorityleader.gov/YouCut/

    • Tom

      Why do you people keep saying “Congress and the Senate”? Don’t you have a copy of the Constitution you like to complain about not being followed? Congress IS the Senate and House of Representatives. No wonder the left makes fun of you. You sound like a bunch of rubes who don’t even know what you’re talking about. Learn the right terms and maybe more people will pay attention to what you have to say.

      • Dingbat36

        AMEN!!

        • daves

          This article is such a lie. If you look at the treasury data the debt numbers prior to President Obama are:

          09/30/2009 11,909,829,003,511.75
          09/30/2008 10,024,724,896,912.49

          http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm

          • daves

            I mean does this make sense?

            $14,837,099,271,196.71 is 4.2 trillion more than 4.1672 trillion?

          • Doug

            daves, your counting all the Pres, the article only go up to Bush I, the daddy they didn’t count Clinton or Bush II probably makes a difference?

          • daves

            Yes Doug, thanks for pointing that out.

      • Doug

        Tom, You knew what he/she was talking about, but as usual for a liberal such as your self, you change the whole subject, just because toodgie did say the House & the Senate, acording to you it’s side step, deflect the truth and place the blame on someone or something else!!

    • Sanderson

      The PRESIDENT does not increase debt. CONGRESS does. It is the job of our senators and representatives to keep an eye on spending. If the president asks for money or specific spending, Congress can and SHOULD say NO.

    • Sparkymike

      This is old news, he reached this point last year, how boring can you get!

  • Lou

    Amazing and this retard is still in office

    • Interesting

      Lou, It’s clear even from/because of your simple statement, the President is more intelligent than you.

  • shannon853

    their answer is barrow and take ten years to worry about it. i say for that their pay from pres to congress should be cut 75%

    • controllerman

      Is that a wheelbarrow?

    • SickoftheBS

      I say make their pay off the merit system. If we would do that they would owe us, as they have not done a damn thing to warrant a pay check.

  • Andres

    Is this what it takes for schizophrenic m*therf*k*n’ liberals to understand what a delusional president we have? No.

  • hijinx60

    He should have been impeached a long time ago.

  • kyl

    Obama will probably read this article and be upset that he hasn’t yet outspent Shrub ‘n’ Bubba, too. Probably will inspire him to create new and even stupider ways to waste taxpayer dollars.

    If ignorance is indeed bliss, those who still support this fool after nearly three full years of his incessant lies and deceptions have to be the most blissful people alive.

    • Interesting

      kyl, You must feel blissful. The national debt increased $4T under bush, while overheating the economy.

      • daves

        And we went from a surplus to a $1.2 trillion deficit.

    • dave

      Thats just it , ovomit has outspent shrub ‘n’ bubba too and he did it in slightly less than 3 years fleecing the american people right under their noses and the joker still has close to 40 % approval numbers according to most of the credible polls that i follow.

      • dave

        What isnt being factored into any of the debt/deficit numbers is unfunded mandates and that is where ovomits deficit spending leaps off the charts to well over 50 trillion!!!!!! Which dwarfs spending deficits of all presidents in US history combined by many trillions of dollars!
        I keep hearing people bash bush and say that he is responsible for our current budget deficit but that is FALSE!!!!!! ovomit has sent the deficit into orbit not bush !!!!! ovomits deficit spending dwarfs that of bush!!!!
        And he has done it in less than 3 years!!! Our budget deficit for feb 2011 under ovomit was greater than bushes entire year 2007 budget deficit!!!

      • daves

        President Bush signed the budget for 2009. The deficit went down from 2009 to 2010.

        http://www.cato-at-liberty.org/dont-blame-obama-for-bushs2009-deficit/

  • Michael

    Better late than never .. just a precautionary safeguard. Probably charged and tried along with his others after his one presidential term is over seems more practical now.
    Keep in mind that he’s not done trying to destroy us.
    How far will we be in debt after he finishes his remaining term?
    Perhaps more than all of the future presidents combined.

    • Just wondering

      When he’s finished with us we wont have anything left to take!

    • Icarealot

      That’s why both Republicans and Democrats are standing against him. He is trying to destroy this country and he making progress. Time to shut him down, permanently!

  • Mark in LA

    Maybe he should change his name to Ronald Reagan Jr.

  • Paul

    Very clever wording….”through H.W. Bush”. The spin-master who concocted this bit of “news” knows very well that the same could have been said about Reagan and Bush Jr.

    Reagan doubled the national deficit in his first 3 yrs in office, whereas it took Bush Jr. 5 yrs to do the same. The same provocative statement could have easily have been said, and was said, about them.

  • off plum

    Obama us a puppet for the globalists…..
    http://video.google.com/videoplay?docid=5844783079631466214

  • Interesting

    For those of you that are fans of free speech (I certainly am), you might like to know that my last comment, which critiqued the analysis in this article, has not been published. I’d caution regular visitors to question the bias of the stories you read here.

  • Keith J

    There… Now Obama has something to really be proud of. He’s gone further faster than any other human being to destroy America financially (with honorable mentions for Pelosi, Reid, Durbin, Frank, and ex senator Dodd). Similarly he resides at the apex of corrupt Presidents (only rivaled by Nixon and Harding). And finally, Obama has earned the overall title of worst President of the last fifty years. His final year will likely prove to be even more disturbing. How sad for us all.

    • Bogusbob

      Nixon and Harding were angels compared to odumbo. He is the worst president in the history of this once great country. There needs to be a complete change of the house and senate as well as all the cabinets. Get rid of EPA, NEA, DOE, DOT. Fire everyone in the state dept. and put John Boltonin charge of it. Pull out of the UN. Only support our friends around the world. That would be Israel.

  • Bob Marshall

    What it took George Bush Jr. to do in eight years Obama has managed to do in less than three. He still has just over a year to go in this term. I saw where the national debt is predicted to reach 15 trillion by Dec.31.

  • Jeff

    The headline is meant to be deceptive. Reagan increased the debt more than Carter, and Bush increase the national debt more than Clinton and Obama isn’t even close to the debt incurred while Bush was sitting in the Oval Office.

    The bell rang, and like Pavlov’s dog you people respond in the negative. Congrats.

    • Icarealot

      And OBAMA has increased the debt more than any other President in the History of the US! That should be something I am sure he and you are really proud of. NOT!

    • Doug

      jeff better clean your glasses, you know not what you speak of, the truth will tell all in 2012

  • off plum

    Please take a minute to watch this movie
    http://video.google.com/videoplay?docid=5844783079631466214

  • BillF

    I didn’t vote for the S.O.B!! Stupid applies for the people who did!

  • BillF

    This Muslim/Marxist/Racist wants another four years so he can finish destroying America!!
    I didn’t vote for the P.O.S and wonder why other people did!!!

  • DaveP326

    Woweee! That’s something he can point to as his claim to fame. History will not be merciful with this man. No only is he worse than Jimmie Carter, who’s laughing his ass of right now because he lost the title, but Bush ’43 must be laugfhing too, secretly, since he has more class than to publicly ridicule a sitting president. Obama had so much to say about Bush, and blamed him for every evil under the Sun. Not only is Obama making Bush look better and better every day, but he is also making Carter look like a freaking genius!!!!

  • Sam

    It is not with admiration when I comment that Obama is doing the job he was assigned by Soros and his evil cabal. Destroy the U.S. and European economies. What else is there to know?

  • Mac

    I am completely out of things to say about obama at this point. Everyone who cares about this great nation is wondering how he is getting by with that he and michele are doing. I am in my late 60′s and I have never seen anything like this man and yet no one is doing anything about it. Why, for Gods sake are they letting him get by with it???? I think the house and congress are so scared of losing their jobs.

  • DubbleM

    It has become my personal opinion that the Obama agenda is destruction of the United States of America as expressed in the Koran, the Islamic manifesto. Read it if you need proof. It is clearly stated: Infiltrate, overcome, take control, impose Islam. World domination is the goal. It’s all in the book. What I still cannot understand is “why” so many Democrat politicians are on board for this. While they mainly lean toward socialism, why would they actually support the ruination of our country? Is it evil or abject stupidity? Or is it obsessive pursuit of power?

  • http://siz.net/ Video

    Thank you for great post.

  • Bob

    Sadly, our children and grandchildren will pay for all of this big time. However, with soaring prices on everything due to this administrations awkward and horrible policies we are starting to pay the price.

    Vote for any republican that runs against Obama and help educate the voting public who are not educated and some still support him. I pray he loses by a landslide. God Bless America!

  • http://adrianvance.blogspot.com Adrian Vance

    Socialism only works when it is running on other people’s money: Witness Europe. They could not afford it without our providing for their defense and controlling the world oil market. As well, Mr. Obama is out to crust America to the point where we revolt, he can call out the National Guard, declare martial law, cancel elections and himself “President for the duration.”

    The Two Minute Conservative at http://adrianvance.blogspot.com has political analysis,
    science and humor. Now in the top 3% on Kindle.

  • http://facebook Liz Danuser

    This is why I’l lbe voting to make sure he’s just a 1 term president.
    Bring on 2012 ,I’m ready!!!!!!!!!!!!Liz

  • http://LKpassion Czarina K.

    Bush might not be good president for some of you and he might be the cause of some problem in this country,but the economy was not bad at all, I know that for a fact because I have a small business and I make a good income until obama take office in 2009 and everything hit the pan. I use to work 24-7 and I still can keep up but now I’m fixing to shut down my only income which I help to pay the bill. Maybe some of you still believe in him but in my book he the worst president who ever hold the office and I hope some of you will woke up and see what kind of person he really is. He is not yet finish to destroyed this country and I’m afraid he will do the worst thing that either one of you can never imagine.He likes to be in control and not to mention all those life style him and his family are doing now.All of those traveling all over the world, using the taxpayer money without any respect from the American people,he is pure and solid muslim and he will not stop until we stop him and his czars.

  • Pingback: Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined — We The People of Longview, TX