HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » President Obama: GOP plan... » Reply #4

Reply #4


Response to MooseTrax (Reply #2)

Sat Jul 28, 2012, 07:20 AM

4. That's Not The Whole Story

Last edited Sat Jul 28, 2012, 08:51 AM - Edit history (1)

Each year the interest on the debt must be paid or the U S goes into default. As you can see below when Bush's last budget ended the interest due was nearly half a trillion dollars. Add the three years of Obama's tenure and just in the interest of fairness alone place that amount in the Reagan-Bushes column and subtract it from Obama's accrued debt:



2011 $454,393,280,417.03



2010 $413,954,825,362.17



2009 $383,071,060,815.42



2008 $451,154,049,950.63







Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 10 replies Author Time Post
cal04 Jul 2012 OP
randome Jul 2012 #1
MooseTrax Jul 2012 #2
bupkus Jul 2012 #3
MooseTrax Jul 2012 #5
LineLineNew Reply That's Not The Whole Story
MooseTrax Jul 2012 #4
Igel Jul 2012 #6
MooseTrax Jul 2012 #7
sofa king Aug 2012 #10
Canuckistanian Jul 2012 #8
MooseTrax Aug 2012 #9
Please login to view edit histories.