Chủ Nhật, 17 tháng 7, 2011

A Brief History of the Obama National Debt

Courtesy of Rep. Paul Ryan (R-WI):

January 20, 2009 - President Obama sworn into office
Debt Held By Public = $6.31 trillion

February 17, 2009 - President Signs into Law the Spending Stimulus
Debt Held by Public = $6.48 trillion

February 26, 2009 - President Issues FY2010 Budget
* Debt Held by Public = $6.58 trillion

March 11, 2009 - President Signs FY2009 Omnibus Appropriations Act
Debt Held by Public = $6.66 trillion

April 29, 2009 - Congressional Democrats Pass FY2010 Budget
Debt Held by Public = $6.85 trillion

February 2, 2010 - President Issues FY2011 Budget
Debt Held by Public = $7.85 trillion

March 23, 2010 - President Signs Health-Care Overhaul Into Law
Debt Held by Public = $8.18 trillion

April 15, 2010 - Congressional Democrats Decide Not to Do a Budget for FY2011
Debt Held by Public = $8.39 trillion

July 21, 2010 - President Signs Financial Regulatory Overhaul Into Law
Debt Held by Public = $8.69 trillion

February 14, 2011 - President Issues FY2012 Budget
Debt Held by Public = $9.45 trillion

April 13, 2011 - President Delivers Speech on Deficit Reduction
Debt Held by Public = $9.65 trillion

April 15, 2011 - House Passes FY2012 Budget Resolution
Debt Held by Public = $9.68 trillion

April 18, 2011 - S&P Issues Credit Warning on U.S. Debt
Debt Held by Public = $9.68 trillion

May 13, 2011 - Medicare and Social Security Trustees Issue Warning of Looming Insolvency
Debt Held by Public = $9.67 trillion

May 25, 2011 - Senate Unanimously Rejects President’s FY2012 Budget; Vote is 97-0
Debt Held by Public = $9.72 trillion

June 23, 2011 - CBO Director Further Discredits President’s Fiscal Record
Debt Held by Public = $9.74 trillion

July 8, 2011 - Unemployment Hits 9.2%; Day 800 Since Senate Democrats Last Passed A Budget
Debt Held by Public = $9.75 trillion

July 11, 2011 - Senator Conrad Gives Budget Speech on Senate Floor
Debt held by Public = $9.75 trillion

July 15, 2011 - President Holds Press Conference: “We’re Running Out of Time” to Deal with Debt
Debt Held by Public = $9.75 trillion

Speeches. Not budgets. Not tangible plans to improve American society. Speeches. And golf.


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