Tuesday, October 27, 2015

IN JANUARY 2009 THE POTUS BHO TOOK THE OFFICE WITH $10.626 TRILLION IN DEBT AND IS NOW CLOSE TO DOUBLING THE DEBT IN JUST 8 YEARS OF RUNNING THE OFFICE TO THE TUNE OF $18.152 TRILLION THIS OCTOBER 2015 WITH ONE MORE YEAR LEFT BEFORE GETTING OFF THE POTUS THIS END OF 2016–AS EVERY DEMOCRAT VOTED FOR THE INCREASE CLAIMING THE SKY IS FALLING AND THE WORLD IS ENDING AS WE KNOW IT IF A BALANCE BUDGET IS EVER BROUGHT UP FOR DISCUSSION AND THIS YEAR THE SAME SCARE TACTIC SINCE BALANCING THE BUDGET IS NOT A LIBERAL DEMOCRAT FORTITUDE FROM THE LIKES OF HARRY REID (D-NV) NANCY PELOSI (D-CA) AND THE GOP ESTABLISHMENT OF MITCH MCCONNELL (R-KY) AND JOHN BOEHNER (R-OH)

The new spending deal that resigning House Speaker John Boehner has made with the Democratic congressional leadership and President Barack Obama will suspend the legal limit on the federal government’s debt until after Obama leaves office.

“Subsection 901(a) provides for the temporary suspension of the limit on public debt through March 15, 2017,” says the official summary of the bill.

Obama will leave office on Jan. 20, 2017, when the next president is inaugurated.

Since Obama took office, the total debt of the federal government has already increased by $7,525,761,885,381.30—rising from $10,626,877,048,913.08 on Jan. 20, 2009 to $18,152,638,934,294.38 on Oct. 23, 2015.

http://cnsnews.com/news/article/terence-p-jeffrey/boehner-agrees-suspend-debt-limit-rest-obamas-term

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