President Obama has run up $29,660 per household in new debt since taking office. Either you or your grandchildren will have to pay this debt off.
(CNSNews.com) — The federal government has borrowed an additional $29,660 per household in the United States since President Barack Obama signed his economic stimulus law two years ago.The dirty democrats appear to be hiding in Illinois.
That brings the total national debt to $125,475.18 per household.
At the close of business on Feb. 17, 2009, the day Obama signed the $787-billion law, the national debt stood at $10.79 trillion ($10,789,783,760,341.41), according the Bureau of the Public Debt. At the close of business on Feb. 16, 2011, the national debt stood at $14.13 trillion ($14,129,889,690,377.50) — an increase of $3.34 trillion (3,340,105,930,036.09)