Quote:
Originally Posted by piece-itpete
So the stimulous was free?
Pete
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Actually, no, Pete. However a good bit of the increase in the national debt since Obama has been in the White House is directly attributable to interest on previously incurred debt as in:
Reagan - $2 trillion increase in national debt
Bush I - $1 trillion increase in national debt
Bush II - $5 trilllion increase in national debt
And those numbers do not include the interest on what they ran up.
Not my numbers; U.S. Dept of Treasury.
Just sayin'.