Posted by: The Dauntless Conservative | April 19, 2012

obama Debt Update



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I have heard so many on both sides of the isle comment about obamarx’s debt. All of them are wrong. So, let’s go straight to the obvious source, the Bureau of Public Debt. As of April 18, obamarx and co have run up over $3.7 Trillion of debt since obamarx’s first fiscal year. The federal gov’t fiscal year ends on September 30 and begins Oct 1. When a new president takes office on January 20, the budget for the new administration does not start until Oct 1, the new FISCAL YEAR. (click on image to for closer view)

SOURCE: Bureau of Public Debt  http://www.publicdebt.treas.gov/

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