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111th Congress added more debt than first 100 Congresses combined
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12-30-2010, 03:23 AM
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AnetTeilor
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111th Congress added more debt than first 100 Congresses combined
They also leave with the lowest approval rating ever recorded---13%.
Pelosi/Reid is leaving quite a legacy. They must be incredibly proud.
http://cnsnews.com/news/article/111t...debt-first-100
111th Congress Added More Debt Than First 100 Congresses Combined: $10,429 Per Person in U.S.
Monday, December 27, 2010
By Terence P. Jeffrey
(CNSNews.com) - 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.
In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.
During the 110th Congress—which, according to the Clerk of the House, officially convened on Jan. 4, 2007 and adjourned on Jan. 4, 2009--the national debt increased $1.957 trillion. When that Congress adjourned less than two years ago, it claimed the record as the most debt-accumulating Congress in U.S. history. As it turned out, however, its record did not last long.
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