Replies

1 posted on 10/18/2013 11:02:52 AM PDT by navysealdad

So, Obama has racked up more debt than every President before him combined.

2 posted on 10/18/2013 11:06:32 AM PDT by circlecity

But Obama cut the Deficit in half!!!!!

3 posted on 10/18/2013 11:07:14 AM PDT by massgopguy (I owe everything to George Bailey)

UM!!!! HELLO OUT THERE!!

But under the terms of this week’s deal, Congress set a deadline instead of a dollar cap. That means debt can rise as much as Mr. Obama and Congress want it to, until the Feb. 7 deadline.

DAMN!! Was this just another bill that we had to pass before we knew what was in it?

4 posted on 10/18/2013 11:07:25 AM PDT by Eagle of Liberty (Be the Enemy Within the Enemy Within...)

https://www.fms.treas.gov/fmsweb/viewDTSFiles?dir=w&fname=13101600.pdf
The Daily report isn’t for yesterday or today....Hmmmmm.....

6 posted on 10/18/2013 11:08:11 AM PDT by griswold3 (Post-Christian America is living on borrowed moral heritage)

7 posted on 10/18/2013 11:08:11 AM PDT by dfwgator

Wasn’t it just a few days ago that Obama stated flatly that raising the debt ceiling would not raise the debt?

The man is insane.

8 posted on 10/18/2013 11:08:28 AM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)

Gee, what happened?
My Savior Obama told us that raising the debt ceiling wouldn't necessarily mean a debt increase. He wouldn't lie, so what went wrong?
Did the Tea Party steal $300 Billion, or was it Bush?

11 posted on 10/18/2013 11:12:07 AM PDT by ZOOKER (Until further notice the /s is implied...)

Ridiculous! How in the world will this ever be paid? This is criminal putting all of this on our future children. We are going the way of Greece.

By more taxes and fees?
By reducing future SS payments?
Reducing medicare expenditures?

12 posted on 10/18/2013 11:14:43 AM PDT by rawhide

Sandbaggin’ SOBs. Now we know why there was no change in the debt the past several months.

14 posted on 10/18/2013 11:16:59 AM PDT by Night Hides Not (The Tea Party was the earthquake, and Chick Fil A the tsunami...100's of aftershocks to come.)

It’s only money................

21 posted on 10/18/2013 11:36:32 AM PDT by Red Badger (TANSTAAFL always wins. Always...........................)

And who is going to stop this runaway train?

Since there will never be a 67% vote against Obama in both Houses of Congress, Obama will just burn through the money to entrench his Marxist hold on America and its people.

Congress abdicated its responsibilities on this debt deal.

McConnell,Reid, Boehner and Pelosi should be arrested and thrown in jail for this lawlessness.

22 posted on 10/18/2013 11:38:43 AM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)

TERRIFYING!

This $328B is no mystery. Anyone catch all of the stories about how the debt "mysteriously" stopped? There's nothing mysterious about it. I would bet that this $328B is the money that was aggregating while the nation's debt was unmoving.

America is financially dead. Everything about our economy is artificially inflated right now. If no "deal" was made on the debt ceiling, the only thing that would've happened is Wall St. crashing. Why? Because Federal dollars have to be re-allocated to paying the nation's debt before servicing phantom projects like the Federal Reserve's unyielding market pump.

Politicians and bankers are making serious cash off of the market right now, and when it's obvious that the government is going to pare back on its artificial inflation of the markets, they'll cash out their winnings and everyone not "in the know" will take it in the pants.

Our media is so God-forsaking dishonest that no one is reporting on this truth. Americans are in for a BIG surprise soon.

24 posted on 10/18/2013 11:53:41 AM PDT by rarestia (It's time to water the Tree of Liberty.)

What comes after trillion?

27 posted on 10/18/2013 12:02:28 PM PDT by Dapper 26

"...raising the debt ceiling, which has been done over a hundred times, does not increase our debt.”

28 posted on 10/18/2013 12:03:17 PM PDT by JRios1968 (I'm guttery and trashy, with a hint of lemon. - Laz)

This jump is reporting on the books what 0bama has done off the books for the past several months. The debt ceiling was really passed some time ago. It’s only that now he can report it.

29 posted on 10/18/2013 12:04:45 PM PDT by henkster (Communists never negotiate.)

We have to borrow money to pay our bills...

30 posted on 10/18/2013 12:08:21 PM PDT by tips up (Living is easy with eyes closed, misunderstanding all you see.)

Remember when a $50 billion ANNUAL DEFICIT was a big freaking deal and endlessly debated?

Deficits/Surpluses From 1940 Until 2013 (*fiscal years)

1* - Presidential control
2* - Senate control
3* - House control

D = Democrat R = Republican

Year

Nominal Dollars

Inflation Adjusted

1940

$2.9 Billion Deficit

$48.33 Billion Deficit

1941

$4.9 Billion Deficit

$77.78 Billion Deficit

1942

$20.5 Billion Deficit

$292.86 Billion Deficit

1943

$54.6 Billion Deficit

$737.84 Billion Deficit

1944

$47.6 Billion Deficit

$634.67 Billion Deficit

1945

$47.6 Billion Deficit

$618.18 Billion Deficit

1946

$15.9 Billion Deficit

$191.57 Billion Deficit

1947

$4 Billion Surplus

$42.11 Billion Surplus

1948

$11.8 Billion Surplus

$114.56 Billion Surplus

1949

$0.6 Billion Surplus

$5.88 Billion Surplus

1950

$3.1 Billion Deficit

$30.1 Billion Deficit

1951

$6.1 Billion Surplus

$54.95 Billion Surplus

1952

$1.5 Billion Deficit

$13.27 Billion Deficit

1953

$6.5 Billion Deficit

$57.02 Billion Deficit

1954

$1.2 Billion Deficit

$10.43 Billion Deficit

1955

$3 Billion Deficit

$26.09 Billion Deficit

1956

$3.9 Billion Surplus

$33.62 Billion Surplus

1957

$3.4 Billion Surplus

$28.33 Billion Surplus

1958

$2.8 Billion Deficit

$22.58 Billion Deficit

1959

$12.8 Billion Deficit

$103.23 Billion Deficit

1960

$0.3 Billion Surplus

$2.36 Billion Surplus

1961

$3.3 Billion Deficit

$25.78 Billion Deficit

1962

$7.1 Billion Deficit

$55.04 Billion Deficit

1963

$4.8 Billion Deficit

$36.64 Billion Deficit

1964

$5.9 Billion Deficit

$44.36 Billion Deficit

1965

$1.4 Billion Deficit

$10.37 Billion Deficit

1966

$3.7 Billion Deficit

$26.62 Billion Deficit

1967

$8.6 Billion Deficit

$60.14 Billion Deficit

1968

$25.2 Billion Deficit

$169.13 Billion Deficit

1969

$3.2 Billion Surplus

$20.38 Billion Surplus

1970

$2.8 Billion Deficit

$16.87 Billion Deficit

1971

$23 Billion Deficit

$132.95 Billion Deficit

1972

$23.4 Billion Deficit

$130.73 Billion Deficit

1973

$14.9 Billion Deficit

$78.42 Billion Deficit

1974

$6.1 Billion Deficit

$28.91 Billion Deficit

1975

$53.2 Billion Deficit

$231.3 Billion Deficit

1976

$73.7 Billion Deficit

$303.29 Billion Deficit

1977

$53.7 Billion Deficit

$207.34 Billion Deficit

1978

$59.2 Billion Deficit

$212.19 Billion Deficit

1979

$40.7 Billion Deficit

$130.87 Billion Deficit

1980

$73.8 Billion Deficit

$209.66 Billion Deficit

1981

$79 Billion Deficit

$203.08 Billion Deficit

1982

$128 Billion Deficit

$309.93 Billion Deficit

1983

$207.8 Billion Deficit

$487.79 Billion Deficit

1984

$185.4 Billion Deficit

$417.57 Billion Deficit

1985

$212.3 Billion Deficit

$461.52 Billion Deficit

1986

$221.2 Billion Deficit

$471.64 Billion Deficit

1987

$149.7 Billion Deficit

$308.02 Billion Deficit

1988

$155.2 Billion Deficit

$306.72 Billion Deficit

1989

$152.5 Billion Deficit

$287.74 Billion Deficit

1990

$221.2 Billion Deficit

$395.71 Billion Deficit

1991

$269.3 Billion Deficit

$461.92 Billion Deficit

1992

$290.4 Billion Deficit

$484 Billion Deficit

1993

$255.1 Billion Deficit

$412.78 Billion Deficit

1994

$203.2 Billion Deficit

$320.5 Billion Deficit

1995

$164 Billion Deficit

$251.53 Billion Deficit

1996

$107.5 Billion Deficit

$160.21 Billion Deficit

1997

$22 Billion Deficit

$32.07 Billion Deficit

1998

$69.2 Billion Surplus

$99.28 Billion Surplus

1999

$125.6 Billion Surplus

$176.16 Billion Surplus

2000

$236.4 Billion Surplus

$320.76 Billion Surplus

2001

$127.3 Billion Surplus

$168.16 Billion Surplus

2002

$157.8 Billion Deficit

$205.2 Billion Deficit

2003

$377.6 Billion Deficit

$479.8 Billion Deficit

2004

$413 Billion Deficit

$511.14 Billion Deficit

2005

$318 Billion Deficit

$380.84 Billion Deficit

2006

$248 Billion Deficit

$287.7 Billion Deficit

2007

$161 Billion Deficit

$181.51 Billion Deficit

2008

$459 Billion Deficit

$498.37 Billion Deficit

2009

$1413 Billion Deficit

$1539.22 Billion Deficit

2010

$1294 Billion Deficit

$1386.92 Billion Deficit

2011

$1299 Billion Deficit

$1350.31 Billion Deficit

2012

$1100 Billion Deficit

$1120.16 Billion Deficit

2013

$759 Billion Deficit

34 posted on 10/18/2013 1:13:24 PM PDT by ProtectOurFreedom

These incompetents have created the biggest mess in history. There is no fixing it. The people who would fix it are too stupid and arrogant.

OMG, what a man made disaster.

39 posted on 10/18/2013 1:48:57 PM PDT by dforest

Ask yourself who just dished out well over 300 billion to buy US treasuries. I would guess the Fed is highly involved.

40 posted on 10/18/2013 1:50:35 PM PDT by Revel

Who in the world is happy about borrowing more money? I know I’m kinda happy when I pay something off. Then again they are not the ones paying it off...

41 posted on 10/18/2013 2:02:43 PM PDT by jughandle

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