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News Ticker from FNC

Monday, September 10, 2012

Economic Education

(you don't hear from me for a long time now I keep hitting the send button)

DEBT LIMITS

2August 2011:
$16.394 TRILLION = negotiated borrowing/debt limit

Limit has been increased an ADDITION $1.46 Trillion since this deal!

Debt limit has been raise 4 times since 2009

$39,000/second = added to debt in 2012

1/3 of total debt just under Obama administration

Bob Woodward in his new book describes Obama as a whiner when things don't go his way

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