Skip to comments.Under Boehner: Debt Up $3T Under 3 Yrs—Enough to Buy Every Household 3 Yrs Tuition at State College
Posted on 10/20/2013 9:47:15 PM PDT by Olog-hai
Since John Boehner became speaker of the U.S. House of Representatives on Jan. 5, 2011, the debt of the federal government has increased by $3,064,063,380,067.72. That is more than the total federal debt accumulated in the first 200 years of the U.S. Congressduring the terms of the first 48 speakers of the House.
It also equals about $26,722 for each of the 114,663,000 households the Census Bureau estimates are now in the United States.
The $26,722 in new debt per household accumulated under Speaker Boehner would have been more than enough to buy every household in the United States a minivan or pickup truckor to pay three years of in-state tuition (not counting room and board) at the typical state college.
(Excerpt) Read more at cnsnews.com ...
Close the checkbook! Rip up the credit cards!
Since Boehner and before (Pelosi).
The US has had no yearly budget.
only continuing resolutions.
D.C. is our modern version of the Palace of Versailles.
What are the stats since Obama came into office? At least the house puts out a serious budget plan that gets torpedoed by Dingy Harry.
So ... when Bush was president it was his fault and not Pelosi’s, but when Obama is president it’s Boehner’s fault.
Blaming Boehner for not reducing the deficit is like blaming a person riding a tiger for not going in the right direction.
Harry Reid did not bring any budget for a vote until this year, forcing the House to govern using Continuing Resolutions. The Republicans have been fighting to reduce the rate of increase of government spending, and the rate of increase of taxes. The Democrats in the Senate, and Obama, are willing to shut down the Government if funding and tax increases are less than they desire, because they know the MSM will support them; and they will not negotiate.
Under these circumstances, what is Boehner, or any House Speaker, to do? The sequester was a fluke. Rather than blaming Boehner for not steering the tiger, maybe you have to conclude that the system itself is broken.
I am reluctantly coming to the conclusion that Levin is right - Congress cannot reform itself, it is up to the States to pass Constitutional Amendments to start fixing things. For example, start by repealing the 17th Amendment, and make Senators justify their votes to the States that appointed them, not the Democrat or Republican party that funds them.
The Tea Party might be able to do this.
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