TarballObama
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- Jun 20, 2010
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that it took Bush 4yrs to equal that? President George W. Bush still holds the record for the most debt run up on his watch: $4.9 trillion. But it took him over four years to rack up the first two trillion dollars in debt. It has taken Mr. Obama 421 days
In the 2011 federal budget released last month, the administration projects the National Debt will soar ever upward to over $25 trillion in the year 2020. The total debt will amount to more than 100 percent of the national economy as early as 2012.
http://www.cbsnews.com/8301-503544_162-20000576-503544.html
In the 2011 federal budget released last month, the administration projects the National Debt will soar ever upward to over $25 trillion in the year 2020. The total debt will amount to more than 100 percent of the national economy as early as 2012.
http://www.cbsnews.com/8301-503544_162-20000576-503544.html