Debt Jumped $54.1B in 8 Days Preceding Deal to Cut $38.5B

Discussion in 'Politics & Religion' started by bugscoe, Apr 10, 2011.

  1. Just goes to show you what a dog and pony show this whole event was.

    Debt Jumped $54.1 Billion in 8 Days Preceding Obama-Boehner Deal to Cut $38.5 Billion for Rest of Year
    Saturday, April 09, 2011
    By Terence P. Jeffrey

    ( - The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder of fiscal year 2011, which runs through September.

    The debt was $14.2101 trillion on March 30, according to the Bureau of the Public Debt, and $14.2642 on April 7.

    Since the beginning of the fiscal year on Oct. 1, 2010, the national debt has increase by $653.4 billion.
  2. Lucrum


    We the people NEED a whole new congress and term limits to keep it that way.
  3. Lucrum