Obama's Budget to Add $4.4 Trillion to Debt in Next Four Years

Obama's Budget to Add $4.4 Trillion to Debt in Next Four Years


By the end of this year, the federal debt is expected to be $16.2 trillion, which is $6.2 trillion more than when President Obama first came into office four years ago. Moreover, new analysis by the Republican side of the Senate Budget Committee finds that, over the next 4 years, if Barack Obama remains president and his budget is enacted, $4.4 trillion will be added to the federal debt.