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Obama added more to national debt in first 19 months than all presidents from Washington through Reagan combined, says gov?t data

By Alliance Alert

CNSNews: "At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama's inauguration."

Full post as published by Constitutionally Correct on September 09, 2010 (boomark / email).