Thursday, September 9, 2010

Barack Obama - Economy - #2117 - Obama Added More to National Debt in First 19 Months Than All Presidents From Washington thru Reagan Combined Says Government Data - CNS News

In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan. The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.  Read more........

Thrill is Gone: Students Recruited to Fill Seats for Obama's Appearance - Cleveland.com – With less than an hour before President Obama's scheduled speech, 75 seats remained empty in the recreation center at Cuyahoga Community College's Western Campus. So organizers went around campus and recruited more students to fill the seats.  Student Jennifer Rahal, of Parma Heights, whose class was canceled today, was working on her art work in the coffee shop in the basement of the building when the call went out for more guests.After dropping off their stuff at a bag check, the newly invited guests cleared security and filed into the gym.

No comments:

Post a Comment