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Wednesday, March 18, 2009

National Debt Hits Record $11 Trillion

"To be exact, the Debt now stands at $11,033,157,578,669.78. Divide it by the U.S. population and it comes up to over $36,000 in debt for every man, woman and child among us.

And the government is running up mountains of debt with increasing speed. It took just over 5 ½ months for Uncle Sam to go another trillion dollars deeper in debt since hitting $10-trillion last September 30th. It’s the fastest jump in U.S. history."

Obama's trillions dwarf Bush's 'dangerous' spending, and there's nary a peep, but almost gleeful participation from Congressional democrats. Why is that?