Tuesday, February 15, 2011


Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years


If the federal budget released by President Barack Obama today is implemented, it will double the national debt over the next 10 years. The current national debt is $13.56 trillion (end of FY 2010). By the end of 2021, that debt would rise to $26.3 trillion under the White House budget.

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