IN ONE DAY
By: Ed Henry
No sooner did Congress raise the debt ceiling to almost $9 trillion than the borrowholics added another $77.3 billion to our already horrendous debt.
This means that the national debt has increased $415.5 billion since the start of the government’s fiscal year on October 1, 2005, less than six months ago.
This also means that George W. Bush has added a record increase of $2.6 trillion to the national debt and raised the debt limit four times since the day he took office a little over five years ago. That’s an average debt increase of more than five hundred billion per year.
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