Pelosi: Were It Not for Obama ‘National Debt Would Be Even Higher’
(CNSNews.com) – House Minority Leader Nancy Pelosi (D-Calif.) said on Friday that were it not for "the work" of President Barack Obama, the federal debt would have increased even more than the $9 trillion it has increased over the eight years of his presidency.
“Absent the work of President Obama this national debt would be even higher,” Pelosi said at her weekly briefing with reporters at the Capitol when asked about the increase in the federal budget under Obama.
According to the U.S. Treasury [1], the federal debt rose from $10,626,877,048,913.08 on the day Obama was inaugurated in 2009 to $19,964,268,875,957.61 today. That is an increase of more than $9 trillion in debt under Obama.
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