Site icon The Daily Signal

Obama’s Doubling of National Debt in Pictures

obamadebt1

President Barack Obama continues to claim that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve it by 2013 is hardly ambitious. Earlier this week we ran a Washington Post graphic which helps put President Obama’s budget deficits in context. Now we have produced our own graph that shows how Obama’s spending plans will double the national debt.

Heritage Analyst Brian Riedl details how Obama accomplishes this feat:

Exit mobile version