weeklystandard.com ^ | April 3, 2012
An alarming chart from the Republican side of the Senate Budget Committee showing the "rate of debt increase during presidents' 4-year terms."
"Debt grew four times faster under Obama than Clinton or Bush," the Senate Budget Committee finds.
The Senate Republicans send along these facts to go along with the chart:
· In just four years, President Obama’s policies will have added $6.4 trillion in new gross debt, for a total debt of $16.4 trillion by the end of this year.
· Per-household debt will have risen from $85,500 at the end of 2008 to $135,100 by the end of 2012.
· Average spending under the Obama Administration will be 33 percent higher than the four years preceding his term.
