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Current National Debt – This Month

Current National Debt – This Month

Tuesday, June 30, 2009

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National Debt The Total National Debt is the Public Debt, plus the Intragovernmental Holdings. Intragovernmental Holdings are Government Account Series securities held by Government trust funds, revolving funds, and special funds; and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. Public Debt The Debt Held by the Public […]

Current National Debt – 12 Months

Current National Debt – 12 Months

Friday, June 12, 2009

Comments Off on Current National Debt – 12 Months

National Debt The Total National Debt is the Public Debt, plus the Intragovernmental Holdings. Intragovernmental Holdings are Government Account Series securities held by Government trust funds, revolving funds, and special funds; and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts. Public Debt The Debt Held by the Public […]

Can we tax reform our way out of debt? – Bangor Daily News

Fri, Nov 17, 2017

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Bangor Daily News

Can we tax reform our way out of debt?
Bangor Daily News
That is why some Democrats claim they oppose the reforms. It is a reasonable, responsible rationale. So, of course, in this political environment, it comes into question. When President Barack Obama took office in 2009 the national debt was about $11 ...

Letter: Congress must reform taxes – Aiken Standard

Thu, Nov 16, 2017

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Letter: Congress must reform taxes
Aiken Standard
Where has he been for the two Obama terms where the deficits for each of his eight years in office increased the National Debt from about $10.6 trillion to just under $20 trillion by incurring huge annual deficits. Think of it this way folks: if you ...

Republican deficit hawks tight-lipped on costs of tax package – Financial Times

Thu, Nov 16, 2017

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Financial Times

Republican deficit hawks tight-lipped on costs of tax package
Financial Times
Having roared their way angrily through the Obama presidency as America's national debt mounted, Republican deficit hawks have been strikingly quiet as their party races towards a tax package that some models suggest could add trillions more to US ...

Letter: Cutting taxes is a proven success – The Daily Telegram

Thu, Nov 16, 2017

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Letter: Cutting taxes is a proven success
The Daily Telegram
A headline in the paper again caught my eye and prompted me to write you. There is concern that we may get more national debt if we cut taxes. Strange that someone is concerned about that now as for eight years the Obama administration ran up $9 ...

Letter: Cutting taxes is a proven success – Monroe Evening News

Wed, Nov 15, 2017

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Letter: Cutting taxes is a proven success
Monroe Evening News
A headline in the paper again caught my eye and prompted me to write you. There is concern that we may get more national debt if we cut taxes. Strange that someone is concerned about that now as for eight years the Obama administration ran up $9 ...

Letter: Creating a responsible budget will take compromise – Tri-City Herald

Wed, Nov 15, 2017

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Tri-City Herald

Letter: Creating a responsible budget will take compromise
Tri-City Herald
President Reagan promised to balance the budget, but by slashing taxes and splurging on defense he raised the national debt from a third of GDP to half. George W. Bush promised the same and also cut taxes and increased spending, and he raised the debt ...

I disagree – Richfield Reaper

Wed, Nov 15, 2017

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I disagree
Richfield Reaper
My concern is that the major problem will be exacerbated by the addition of $1 trillion to the national debt. The Obama Administration doubled the national debt from under $10 trillion to over $20 trillion. The debt and its accompanying inflation is ...

Republicans want to increase the debt – gazetterecord.com

Wed, Nov 15, 2017

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Republicans want to increase the debt
gazetterecord.com
I said the national debt was ballooning to $18 trillion; it is more than $20 trillion and is still rising. Remember how the far right used to worry about the national debt while Obama was president? Now that they are in power they are looking at ...

Stephen Moore: Hey, Republican Big Spenders: Keep the Spending Caps – Kankakee Daily Journal

Wed, Nov 15, 2017

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Stephen Moore: Hey, Republican Big Spenders: Keep the Spending Caps
Kankakee Daily Journal
After the budget caps were installed, federal spending fell for three years in a row — the first time that had happened since the 1950s, despite the most liberal, pro-spending president since Lyndon Johnson, Barack Obama. Even the much-maligned ...

Oh, no! Tax reform will add more debt! – North State Journal

Wed, Nov 15, 2017

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North State Journal

Oh, no! Tax reform will add more debt!
North State Journal
What is the current amount of additional national debt projected by CBO to be incurred based on past decisions, or indecisions, by Congress and Presidents George W. Bush and Barack Obama before the election of Donald Trump in 2016? $11 trillion.

Obama's National Debt Impact

Upon Inauguration: $10,626,877,048,913
As of Nov 15, 2017: $20,507,345,683,039
In 8.8 yrs Increased: $9,880,468,634,126
George Bush (8yrs): $4,899,100,310,609
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TheObamaDebt.com was created to track the National Debt on a daily basis from the inauguration and during the Obama administration - and provides a way to watch if the spending continues - increasing the debt - or if the promised "change" will occur without spending our great Nation into a deeper hole. At some point, one of our presidents must accept responsibility, be accountable, and be committed to change the direction of this graph. Will Obama be the one to make it happen - no matter what it takes?
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