111th Congress Created More National Debt Than First 100 Congresses Combined
I keep hearing over and over again this claim from the left and their apologists in the media that the 111th Congress was the “most productive” Congress since the Depression era. Maybe that’s true and maybe it isn’t, but since when is doing stuff on its own a positive? Shouldn’t what they’re doing matter more?
Because what Congress did was add $10,492 in debt for every man, woman and child living in the United States.
The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.
That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.
The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
Hope for change.Tags: deficits, national debt