After meeting with the prime minister of Greece in the Oval Office on Thursday, President Barack Obama said it is important that government officials in Greece have a plan to manage their debt.
In the United States, the total national debt is $16.7 trillion and Congress and the president are gearing up to raise the ceiling on federal borrowing – to keep spending -- after the August recess.
According to the U.S. Treasury as of Aug. 7, 2013 the U.S. national debt is $16,738,537,598,194.21.
When Obama was inaugurated as president on Jan. 20, 2009 the U.S. debt was $10,626,877,048,913.08 -- $6.1 trillion less than it is today.Read the rest HERE and view a related video below:
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2 comments:
When I heard Obama giving Greece advice on managing Debt, I thought I'd get a cramp, I was laughing so hard.
Talk about the pot calling the kettle black.
And he said it with a straight face. I haven't seen that kind of comedic control since Jack Benny.
Picking up W's legacy sure wasn't easy.
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