Obama will raise debt to $20 trillion

02 Nov 2012 00:07 #1 by otisptoadwater
White House data supports Romney claim that Obama will raise debt to $20 trillion



White House data supports Republican presidential nominee Mitt Romney‘s warning that if President Barack Obama wins re-election, the national debt will hit $20 trillion.

America’s gross federal debt will reach $20.3 trillion at the end of 2016 under Obama’s budget path, according to the White House Office of Management and Budget. The national debt is currently $16.1 trillion.

Read more: http://dailycaller.com/2012/11/01/white-house-data-supports-romney-claim-that-obama-will-raise-debt-to-20-trillion/#ixzz2B2gMZTv4

I can explain it to you but I can't understand it for you.

"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford

Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus

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