Seventeen Trillion Dollars
How quickly Obama changed his tune when he transitioned from Senator to President
President Obama boasted last week that he had signed legislation to lift “the twin threats” to our economy of government shutdown and default. But what was done to fix the problem of growing debt that leads Washington to repeatedly raise the debt ceiling?
Nothing. In fact, by Friday, the U.S. debt had rocketed past $17 trillion.
What does this mean?
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Read next: Our ENTIRE National Debt of $38 TRILLION truly IS due to elites stealing our taxpayer dollars?!
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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.