$16 Trillion Dollars

by Robert P. Heslin, for ElectionDebates.com

For the first time in the history of the country, federal debt has topped $16 trillion dollars. The enormity of that sum beggars the imagination. One-third of it -- $5.4 trillion -- has accumulated under President Obama and his Democrat allies on Capitol Hill -- in just the last four years.

In the last four years, the debt has increased by more than it did in the previous 17 years.
Under Obama's latest proposed budget, the debt will grow to $25.4 trillion by the year 2022.
This adds another $66,000 in debt for every American household -- for a grand total of $136,000.
Our debt is the highest government debt in the world -- more than the debt run up by such famous spendthrifts as Portugal, Italy, Greece, and Spain.

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