The Obama Debt Monitor

Don’t be fooled: So-called shrinking deficit means nothing – Canada Free Press

Don't be fooled: So-called shrinking deficit means nothing
Canada Free Press
What really matters is the budget picture in the larger context of the national debt. When Obama took office, the national debt was right around $10 trillion. It is now approaching $17 trillion. Obama has done this in just five years. So should we celebrate the fact ...

The Debt Problem Hasn’t Vanished – Wall Street Journal

The Debt Problem Hasn't Vanished
Wall Street Journal
President Obama has raised the national debt by nearly $6.2 trillion, the equivalent of $78,385 per family of four. It is true that projected deficits recently have been reduced. April tax filings increased 28% from 2012, but much of this was thanks to a one-time ...

Obama’s Gimmicky Budget to Increase National Debt by $5.2 Trillion – United Liberty

United Liberty
Obama's Gimmicky Budget to Increase National Debt by $5.2 Trillion
United Liberty
President Obama's most recent budget request would reduce borrowing by $1.1 trillion over the next decade compared with current law — almost entirely through higher taxes on the rich, large estates and smokers, congressional budget analysts said Friday.

WILL OBAMA TAKE YOUR 401(K) RETIREMENT FUNDS? – NewsWithViews.com

WILL OBAMA TAKE YOUR 401(K) RETIREMENT FUNDS?
NewsWithViews.com
For almost a year we've seen bold headlines that Barack Obama is in the process of taking 401(k)'s, ostensibly to pay down the national debt (created by politicians we elect to office). The same flavor of borrowing against federal employee retirement funds ...

Will the scandals hurt Obama and the Democrats? – American Thinker (blog)

Will the scandals hurt Obama and the Democrats?
American Thinker (blog)
Scandals may be multiplying as quickly as the national debt has under President Obama but he can be rest assured: his base is oblivious to all the news, to facts and to the damage he has inflicted on them and the rest of us. This willful ignorance will help ...

Obama administration needs to change the conversation – South Bend Tribune

Obama administration needs to change the conversation
South Bend Tribune
Basically, the Republicans want to talk about reducing expenditures while the Obama administration wants to focus on increasing revenue. The Republicans continue to hammer away at the fact that we have a huge national debt (which is true), that the ...

Obama’s 10-Year Deficit Reduction Smaller Than Proposed – The Fiscal Times – The Fiscal Times

The Fiscal Times
Obama's 10-Year Deficit Reduction Smaller Than Proposed - The Fiscal Times
The Fiscal Times
All told, the president's most recent request, released in April, would reduce projected borrowing by more than $1.1 trillion over the next decade, pushing the national debt below 70 percent of the overall economy by 2023, the Congressional Budget Office said ...

30 Seconds for May 18 – New Philadelphia Times Reporter

30 Seconds for May 18
New Philadelphia Times Reporter
This is to the callers saying that Obama has “quadrupled our national debt.” According to the U.S. Treasury Department (www.treasurydirect.gov), the national debt on President Obama's Inauguration Day, Jan. 20, 2009, was $10,626,877,048,913.08, ...

Obama Halves Deficit, But Debt Fears Remain – The Fiscal Times

The Fiscal Times
Obama Halves Deficit, But Debt Fears Remain
The Fiscal Times
Obama Halves Deficit, But Debt Fears Remain. Photo: iStockphoto/The Fiscal Times. Share. Print. Small Letter. Large Letter. Type Size: By JOSH BOAK, The Fiscal Times. May 14, 2013. President Obama pledged in 2009 to halve the deficit by the end of his ...

Fitzpatrick conjures up grim picture on national debt to 8th graders – phillyBurbs.com

Fitzpatrick conjures up grim picture on national debt to 8th graders
phillyBurbs.com
Fitzpatrick Visits Newtown. Congressman Mike Fitzpatrick showed a quote from Obama about the nation's debt during a PowerPoint presentation during an assembly on Monday afternoon where Fitzpatrick discussed the national debt with eighth graders.