IcebergSlim
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Since Obama Took Office, the Federal Debt Has Increased by Almost 70 Percent
Michael Sargent / December 03, 2014 / 81 comments
The federal government hit a new milestone Friday: The total federal debt now tallies more than $18 trillion.
Just six years ago when President Obama took office, total debt stood at $10.6 trillion, which means it now has increased by almost $8 trillion—roughly 70 percent—during his tenure as president.
Since Obama Took Office the Federal Debt Has Increased by Almost 70 Percent
In the course of Reagan's two terms the gross debt nearly tripled....within a few years of his departure, his fiscal legacy had generated a 4 bagger....