National Debt Soars

The national debt has now increased more during President Obama’s three years and two months in office than it did during 8 years of the George W. Bush presidency, CBS News reports.

“If Mr. Obama wins re-election, and his budget projections prove accurate, the National Debt will top $20 trillion in 2016, the final year of his second term. That would mean the Debt increased by 87 percent, or $9.34 trillion, during his two terms.”