The $5 Trillion Man: Debt Has Increased Under Obama by $5,027,761,476,484.56

http://cnsnews.com/news/article/5-trillion-man-debt-has-increased-under-obama-502776147648456 By Terence P. Jeffrey April 18, 2012 (CNSNews.com)- In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56. Although he has served less than a term, Obama is now the first American president to see the federal government’s […]

CBO: Exploding debt under Obama policies

http://www.politico.com/news/stories/0312/74109.html By DAVID ROGERS | 3/16/12 11:29 AM EDT Updated: 3/17/12 11:35 AM EDT The Congressional Budget Office said Friday that President Barack Obama’s tax and spending policies will yield $6.4 trillion in deficits over the next decade, more than double the shortfall in CBO’s own fiscal baseline — even after taking credit for reduced […]

HALF of Americans don’t pay income tax despite crippling government debt

http://www.dailymail.co.uk/news/article-2105131/HALF-Americans-dont-pay-income-tax-despite-crippling-government-debt.html 151.7m people – 49.5% of the U.S. population – paid no federal income tax in 2009, figures show By Daily Mail Reporter Last updated at 11:21 PM on 22nd February 2012 Only half of U.S. citizens pay federal income tax, according to the latest available figures. In 2009, just 50.5 per cent of Americans […]