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Debt Up $1.59T Under GOP House—More in 15 Months Than First 97 Congresses Combined
www.cnsnews.com ^ | June 1, 2012 | Terence P. Jeffrey

Posted on 06/03/2012 4:59:31 AM PDT by harpu

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To: W. W. SMITH
Bush increased debt by 1.2 trillion in his first six years from a starting point of 4.7 trillion. Then the dims took congress and debt went up a lot faster. 3.1 trillion in two years. Since January 07 debt has increased ten trillion.

$4.7 trillion? this is just inaccurate. the national debt was $4.7 trillion in roughly 1994.

$6 trillion was the number i remembered off the top of my head... and after looking it up, i found that it was about $5.7 trillion when GW took office.

by Jan 2007, GW's first 6 years, the US debt was roughly $8.6 trillion... an increase of ~$2.9 trillion, or $433 billion/yr

from there, as the dems took over in Jan 2007, the debt climbed to roughly $10.2 trillion by Jan 2009. an increase of $1.6 trillion, or $800 billion/yr

from Jan 2009, when 0failure took over, the debt has jumped to $15.8 trillion today. that's an increase of $5.6 trillion in a little over 3 years. this would be about $1.86 trillion/year... or FOUR TIMES the spending rate of GW and the GOP congress in 2001-2007. it's also more then DOUBLE the spending of the dem congress of 2007-2009.

sources:
now http://usdebtclock.org/
2000 - 2010 http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
1950 - 1999 http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm

41 posted on 06/03/2012 10:53:35 AM PDT by sten (fighting tyranny never goes out of style)
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To: Political Junkie Too
So why is this coming from Terry Jeffries and CSN?

There is a large contingent on the right which is determined to kill and eat our own at any cost.

We have seen Bachmann, Ryan, Cantor, Herman Cain, etc. etc. etc. all hailed as Messiahs on the right and then a few short weeks later contemptuously labeled as "RINO". This will happen for anyone they raise up as their hero.

Because no one can survive the expection of perfection this group has.

As for me, I'm glad Boehner has blocked Obama from far worse things. He is a "holding" tool who can not proceed forward until he gets cooperation in the Senate and WH. The Senate is front and center to blame for no new budget, not the House.

But Boehner will continue to be considered something akin to Satan himself by the purists on the right.

42 posted on 06/03/2012 11:04:23 AM PDT by what's up
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To: A.Hun

You’re too sad for words...just STFU.


43 posted on 06/03/2012 1:00:50 PM PDT by harpu ( "...it's better to be hated for who you are than loved for someone you're not!")
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To: harpu

I’m not the one helping re-elect Obama and the Dems by trashing Republicans. The MSM doesn’t need your help, especially on a supposed conservative website.

I would suggest you take your own advice....for your country’s welfare.


44 posted on 06/03/2012 1:10:01 PM PDT by A.Hun (Common sense is no longer common.)
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To: A.Hun

I guess you didn’t notice the ;) at the end. That is a wink. In other words the post was meant as sarcasm. I actually agree with you


45 posted on 06/03/2012 7:44:48 PM PDT by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: csmusaret

My mistake...please accept my apology.

I try to get the posts right, but I do fail occasionally.

Thanks for the support!


46 posted on 06/03/2012 8:33:38 PM PDT by A.Hun (Common sense is no longer common.)
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