Contribute
Connect with the GOP:

research

Obama’s Debt By The Numbers

- October 11, 2013

$46.5 Trillion:

Total Federal Spending Proposed By Obama’s FY 2014 Budget Through 2023. (OMB, 4/10/13)

$25.8 Trillion:

Projected Federal Debt In 2023 Due To Obama’s Binge Spending. (OMB, 7/8/13)

$16.7 Trillion:

Current National Debt ($16,747,419,536,935.48). (U.S. Treasury Department, Accessed 10/10/13)

$8.7 Trillion:

Amount Obama’s FY 2014 Budget Would Add To The Debt Through FY2023. (OMB, 7/8/13)

$6.1 Trillion:

Added To The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 10/10/13)

$5.1 Trillion:

Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY 2014-2023. (CBO, 6/21/13)

$4 Trillion:

Amount Of Added Debt Then-Sen. Obama Called “Unpatriotic” In 2008. (Remarks At A Campaign Event, 7/3/08)

$2.6 Trillion:

True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker Of The U.S. House Of Representatives, Report, 1/6/11)

$1.8 Trillion:

New Federal Spending For ObamaCare’s Coverage Provisions From 2014 To 2023. (CBO, 7/30/13)

$1.5 Trillion:

Total Tax Increases In The Senate Democrat Budget. (The Wall Street Journal, 3/14/13)

$1.413 Trillion:

Federal Budget Deficit For FY2009 – Highest In U.S. History. (CBO, 2/5/13)

$1.296 Trillion:

Federal Budget Deficit For FY2011 – Second Highest In U.S. History. (CBO, 2/5/13)

$1.294 Trillion:

Federal Budget Deficit For FY2010 – Third Highest In U.S. History. (CBO, 2/5/13)

$1.2 Trillion:

Total New Taxes On American Families And Businesses In Obama’s Budget. (OMB, 4/10/13)

$1.09 Trillion:

Federal Budget Deficit For FY2012 – Fourth Highest In U.S. History. (CBO, 6/21/13)

$819.3 Billion:

Amount Of Taxes In ObamaCare. (CBO, 3/13/12; JCT, 6/15/12; CBO, 7/30/13)

$518 Billion:

Amount Of Regulatory Burden Since Obama Took Office. (American Action Forum, 1/14/13)

$236.7 Billion:

Amount Of Regulatory Burden In 2012. (American Action Forum, 1/14/13)

$44 Billion:

Cost Of Improper Medicare Payments In 2012. (GAO, p. 53, 2/13)

$19.2 Billion:

Cost Of Improper Medicaid Payments In 2012. (GAO, p. 53, 2/13)

$48.6 Million:

Cost Of All IRS Conferences From FY2010 To FY2012. (TIGTA, 5/31/13)

$52,998:

Your Share Of The National Debt. (U.S. Treasury Department Accessed 10/10/13; U.S. Census Bureau, Accessed 10/10/13)

$19,369:

Increase In Your Share Of The National Debt Since Obama Took Office. (U.S. Treasury Department Accessed 10/10/13; U.S. Census Bureau, Accessed 10/10/13)

2033:

Year That Social Security Will Run Dry. (The Wall Street Journal, 5/31/13)

2026:

Year That Medicare’s Trust Fund Will Be Exhausted. (The Trustees Of Social Security & Medicare, 4/23/12)

2016:

Year That Social Security’s Disability Insurance Program Will Run Dry. (CBO, 3/14/13)

2006:

Year That Every Senate Democrat Voted Against Raising The Debt Limit. (H.J. Res 47: Adopted 52-48)

2004:

Year That Every House Democrat Voted Against Raising The Debt Limit. (S. 2986, Roll Call Vote 536, Adopted 208-204)

75%:

Federal Debt Held By The Public As Share Of GDP By The End Of FY2013. (CBO, 6/21/13)

61%:

Americans That Reject Obama’s Demand For A Clean Debt Limit Vote. (Bloomberg, 9/26/13)

34.4%

Washington’s Share Of The Economy When Combining Federal Regulation And Spending. (Competitive Enterprise Institute, 5/21/13)

27:

Times Since 1978 That The Debt Ceiling Increase Has Been Accompanied By Legislation Dealing With Other Matters. (Congressional Research Service, 2/15/13)

7:

Debt Limit Increases Thus Far Under Obama. (Office Of Management And Budget, Accessed 10/9/13)

4:

Years Under Obama That Government Spending As A Percentage Of GDP Has Exceeded Its 40-Year Average. (CBO, 11/7/12; OMB, Accessed 10/10/13)

4:

Pinnochio’s For Obama’s Remark That The Debt Ceiling Has Never Been Used As A Negotiating Tactic To Achieve Legislative Concessions. (The Washington Post’s The Fact Checker, 9/19/13)

 


Previous post

ObamaCare Striking Out In Alaska

Next post

Obama’s Unprecedented Level Of Unaccountability
Republican National Committee

Connect With Us

Republican National Committee

Follow GOP

Chairman Reince Priebus

News & Videos
  • 310 First Street SE, Washington, DC 20003
  • 202-863-8500

Paid for by the Republican National Committee. Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com

Paid for by the Republican National Committee.
Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com